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Nigeria Loses 700,000 bpd Crude Output To Militant Attacks

Nigeria Loses 700,000 bpd Crude Output To Militant Attacks

Recent military attacks on oil infrastructure in Nigeria have dragged the country’s daily crude production down by 700,000 barrels per day according to the NNPC

1 day ago
Statoil Posts $300M Loss In Q2, Blames Wavering Upstream Revenue

Statoil Posts $300M Loss In Q2, Blames Wavering Upstream Revenue

Statoil reported its second quarter figures on Wednesday, revealing a second-quarter loss that disappointed analysts’ expectations

1 day ago
Oil Extends Losses As EIA Reports Filling Inventories

Oil Extends Losses As EIA Reports Filling Inventories

Oil prices took a plunge on Wednesday morning, extending losses after the EIA reported a surprise build to crude as well as gasoline stocks

1 day ago
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