RTWeak ruble as oil prices rise improves Russia's economic outlookRT“The ruble lagged oil on its way down, and now it's lagging on the rebound,” Konstantin Artemov, a money manager at Raiffeisen Asset Management in Moscow told Bloomberg, adding tha …

The IndependentSaudi efforts to 'modernise' its economy away from oil are just PR tactics - and the West is lapping them upThe IndependentJust like his adventure in Yemen, Saudi Arabia's young Deputy Crown Prince Mohamed bin Salman got it all w …

Voice of AmericaLow Oil Price Dents Gulf Economies as Riyadh Seeks $8 Billion LoanVoice of AmericaSaudi Arabia is reported to be seeking a multi-billion dollar bank loan to shore up its finances as plunging world oil prices take their toll on the economy. …

Voice of AmericaTalk But Little Action as Low Oil Prices Cut into Nigeria's BudgetVoice of AmericaOil was on the mind of Nigeria's President Muhammadu Buhari during his three-country tour of the Middle East last month. In Qatar, he called the low g …

Voice of AmericaAnalysts: Little Influence for Nigeria on Low Oil PricesVoice of AmericaGlobal oil prices have collapsed since 2014. The price of a barrel is hovering around $35, compared to more than $100 just two years ago. One way to raise the price of …

Voice of America (blog)Rocky Year Ahead for Nigeria Amid Oil Price CrashVoice of America (blog)In 2014, oil was still valued at over $100 a barrel. Nearly 70 percent of the Nigerian government's revenue comes from the sale of oil. Oil makes up over two …

Motley FoolOil falls 10pc after 5-day plungeThe AustralianThe note, based on interactions between oil producing companies and investors at a Goldman conference in Miami, concluded that producers were not ready to slash output at current prices. “Instead, p …

Voice of America (blog)US Crude Oil Exports Restart After 40 YearsVoice of America (blog)The U.S. made its first export of crude oil in four decades last Thursday. The exports were banned in the mid-1970s. That ban was lifted a few weeks ago. The Arab Oil …

The IndependentLetters: Oil and arms: the US-British-Saudi connectionThe IndependentSince the 1940s, the role of Saudi Arabia in the world economy had been intimately linked to oil exports, and from the 1970s onwards, this trade became the basis of the pet …

Voice of AmericaDutch Court: Nigerian Farmers Can Sue Shell Over Oil SpillsVoice of AmericaA Dutch appeals court has ruled that a groups of Nigerian farmers can sue the international oil company Royal Dutch Shell for pollution the farmers say was from oil …