VanguardNigeria not an oil economy – AdeosunVanguardThe first and rather numbing conclusion of that exercise was that Nigeria is not actually an 'oil economy'. With just 2 million barrels of oil per day and over 180 million people, simple mathemati …

City A.M.Debt is in focus at Tullow Oil following the failed Suriname projectCity A.M.With a huge debt pile looming and a significant well failure fresh on analysts' minds, the market will be watching for Tullow Oil's latest production levels on We …

The NationalUAE non-oil economy improves in October on anticipated uptick in demandThe NationalNon-oil business activity in the UAE grew in October, with enterprises reporting a surge in inventories ahead of an anticipated uptick in demand, even as cost bu …

Economic TimesHigher crude oil prices will worsen fiscal balance: NomuraEconomic TimesMUMBAI: Indicating adverse macroeconomic impact of rise in crude oil prices, global financial services major Nomura said every $10 per barrel rise in the price will worse …

ReutersGerman engineering association sees potential upswing in USReutersGerman and U.S. flags flutter above the Karwendel mountains in the Bavarian village of Kruen , southern Germany, June 6, 2015. The Group of Seven (G7) two-day summit, being held at El …

ReutersOil imports lift US trade deficit to near five-year highReutersWASHINGTON The U.S. trade deficit jumped to a near five-year high in January as rising oil prices helped to push up the import bill, pointing to slower economic growth in the first quart …

Los Angeles TimesFeeling duped, Ventura blasts company for restarting pipeline after oil spillLos Angeles TimesIn a scathing letter, the city of Ventura has asked the company responsible for a nearly 30,000-gallon oil spill last month to shut down the pipe …

ReutersUS trade deficit widens in May on higher oil pricesReutersWASHINGTON The U.S. trade deficit widened more than expected in May as rising oil prices helped to push up the import bill while exports were constrained by the lingering effects of a strong …

CNNMoneyOPEC oil revenues slump to 10-year lowCNNMoneyCollapsing world oil prices also meant that OPEC countries spent more importing goods than they raised from exports for the first time in 17 years. The cartel posted a combined current account deficit o …

ReutersVenezuela says better oil loans deal reached with ChinaReutersCARACAS Venezuela has reached a deal with its main financier China to improve the conditions of an oil-for-loans deal, giving the OPEC member's crisis-hit economy "oxygen" a …