MarketPulse (blog)Oil Edges Higher on DrawdownMarketPulse (blog)Oil edged up on Thursday, supported by a drawdown in U.S. crude inventories although weak China data and concerns about excess oil supply capped price gains. Crude futures rose overnight after …

Al-ArabiyaLibya declares force majeure at 11 oil fieldsAl-ArabiyaSpeaking at the German capital, Naimi also urged non-OPEC producers to help balance the oil market, saying it was not up to Saudi Arabia to subsidize higher-cost producers and that circumstan …

The GuardianThe fall in oil price could be a turning point for Nigeria's economyThe GuardianThe much needed oil allocations from central government to the federal states have been delayed, making it difficult for some to meet recurrent and capital proj …