A Review of The Nigerian Energy Industry
| | NEWSLETTER - Wed, Dec 12 2018 | 12 December 2018, Sweetcrude, Lagos — 11 Plc and Conoil equity prices dropped in Wednesday’s trading at the Nigerian Stock Exchange. 11 Plc led the losers’ category with 8.8k followed by Conoil with 2.25k. On the gainers’ side, Forte Oil led with 1.95k followed by Eterna, Oando and Japaul Petroleum. Top Gainers Forte: 1.95k Eterna: 0.35k …  ... Read the whole entry »
12 December 2018, News Wires — Oil pared gains Wednesday after U.S. crude inventories fell less than expected, but remained supported by a cut in Libyan exports and an OPEC-led deal to trim output. U.S. crude stockpiles fell by 1.2 million barrels in the week to Dec. 7, the U.S. Energy Information Administration said, smaller … 
12 December 2018, News Wires — Exports of Iranian oil have improved since early November, Iran’s president Hassan Rouhani said in a statement broadcast live on state TV on Tuesday. The United States imposed sanctions on Iran’s oil industry in early November and U.S. officials have said they want to reduce Iran’s oil exports to zero. … 
12 December 2018, News Wires — China and the United States discussed a road map for the next stage of their trade talks on Tuesday during a telephone call as a report that China is moving to cut tariffs on American-made cars boosted automakers’ shares. U.S. President Donald Trump and Chinese President Xi Jinping agreed at … 
12 December 2018, News Wires — Russia plans to cut its oil output by at least 50,000 to 60,000 barrels per day (bpd) in January, its energy minister said on Tuesday, less than its final target under a global production deal reached last week, aiming for gradual, smooth reductions. This would mean Russian oil output coming … 
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