Oil

Why it’s too early to send oil bears into hibernation

Oil bulls got their first ray of hope last week from the US Energy Information Administration. Weekly data showed a sharp…

Nigeria Delta communities demand stake in ex-Shell oil block

A group of communities in Nigeria’s Niger River delta demanded a stake in an oil block it said it was…

Oil prices plunge 3% on oversupplied market

Oil prices fell three percent on Friday after data showed U.S. production rose last week just as OPEC exports hit…

Saudi Arabia silent over ‘whatever it takes’ at OPEC’s critical moment

Now is the time to maximize the impact of OPEC’s oil production cuts, yet the market is still waiting for…

Erin Energy announces farm-out deal approval with FAR in The Gambia

Erin Energy Corporation has announced that the Government of the Republic of The Gambia has approved the farm-out agreement with…

Oil, gold and bitcoin

The falling price of oil did not garner any mainstream financial media attention until today, when U.S. market participants woke…

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