Energy

Oil prices extend rise as OPEC cuts tighten supply

Oil prices rose for a third straight day on Thursday, as production cuts curbed supply from OPEC and its allies,…

OPEC oil output drops on Saudi cut, outages and sanctions

OPEC oil supply has fallen in January by the largest amount in two years, a Reuters survey found, as Saudi…

Energy, fire, motor top in N4.2bn claims payment by Sovereign Trust in 2018 as firm commits to insured citizens

Sovereign Trust Insurance Plc has stated its resolve to enhance claims settlement of insured policy holders. This is as the…

BudgIT urges Nigeria regulators to guard against revenue losses as oil sector continues to bleed

BudgIT, a non-governmental group, has called on Nigeria's oil and gas regulatory agencies to step up and guard against revenue…

Oil drops as U.S. supply builds and China ignites demand worries

Oil headed for its biggest one day drop in a month on Monday on evidence of yet more growth in…

Russia says oil price war with U.S. would be too costly

Russia should not unleash an oil price war against the United States but rather stick with output cuts even at…