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Crude Oil News
 Nigeria’s Petroleum Agency Speaks on Plan to Increase Petrol Price
The Executive Secretary of PPPRA, Abdulkadir Saidu, gave the assurance on Tuesday.
December 13th 2018
Port of St. Helens Acts on Crude Oil Shipments to Clatskanie Area
The action eventually will lead to an expansion of crude oil shipments to the Clatskanie-area…
December 13th 2018
OPEC Cut: Nigeria’s Daily Oil Production to Drop to 1.7Mn Barrels
But, a communique at the end of the 175th meeting of the 15-member oil group…
December 12th 2018
U.S. Expected to End 2018 as World’s Top Oil Producer: EIA
In 2019, oil demand is estimated to rise by 330,000 bpd to 20.81 million bpd,…
December 12th 2018
DAPPMAN Suspends Shutdown Threat for Another Week
The outstanding fees include subsidy payments (to few members), interest and forex differentials with summation…
December 11th 2018
Libya’s NOC Declares Force Majeure on El Sharara Oil Exports
Before the force majeure, Libya had been producing up to 1.3 million bpd, the highest…
December 11th 2018
Nigeria Oil Minister Expects Green Light for Bonga Oilfield by February
Kachikwo said Nigeria aimed to produce 2.2 million barrels next year.
December 10th 2018
Coast Guard Responds to Crude Oil Leak in Rattlesnake Bayou
The owner of the well, Hilcorp, and the Coast Guard have conducted aerial assessments of…
December 10th 2018
FG, Oil Marketers Sign Agreement on Unpaid Subsidy Claims
The marketers had last Sunday issued a seven-day ultimatum to the government to pay them…
December 7th 2018
Crude Inventories Decline as U.S. Becomes Net Petroleum Exporter
Gasoline inventories increased by 1.7 million barrels last week and are 4 percent above the…
December 7th 2018
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