Oil business
Global oil price may hit $100 per barrel next year on disruptions of production, export in Venezuela, Iran
The collapsing oil production in Venezuela and potential export disruptions in Iran could push the price of Brent crude as…
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Largest Libyan oil field set to reopen Wednesday after deal
Libya’s biggest oil field is due to reopen Wednesday after a forced closure of more than two weeks, putting pressure…
Fresh threat on Nigeria’s fragile economy in Niger Delta agitators’ planned attacks on oil installations
Trouble is brewing in the Niger Delta swamplands, home to oil, the mainstay of the Nigerian economy, as the Coalition…
Angola needs crude prices rebound to $60, says oil minister
Jose Maria Botelho de Vasconcelos, Angola’s Petroleum Minister said it is essential for the southern African nation’s economy that oil…
Libya’s oil disruptions widen as two more fields halt output
Two more oil fields in Libya are being closed after an armed group took over pipelines to both deposits, further…
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