The NationalHow the global oil market was turnedThe NationalFrom 2004 to 2008 and 2010 to 2014, oil production and prices both rose. The price increases were completely divorced from the market principle of a supply-demand balance. In the middle of 2014, t …

CNBCOil prices slump on Saudi commentsGhanaWebPVM Oil Associates analyst Tamas Varga said there had been high hopes about the impact of a possible production freeze, but he added: "It is hard to see how sticking to the January output level would be su …

ReutersReturn of Algerian ex-oil boss hints at revival of reformsReutersALGIERS When ex-oil minister Chakib Khelil left Algeria in 2013 caught up in a corruption scandal, his fall from grace was seen by many as the political end for a staunch ally of Presi …

Reuters UKNigeria's former oil minister Diezani Alison-Madueke arrested in London - sourcesReuters UKThe two Nigerian sources did not say why she had been arrested but under Alison-Madueke's watch, oil-related scandals involving billions of dollars …

ReutersEgypt's president asks oil minister to form new cabinet after government resignsReutersCAIRO Egyptian President Abdel Fattah al-Sisi on Saturday asked Oil Minister Sherif Ismail to form a new cabinet within one week after the government submitte …