Oil prices slip to $71.43 despite surprise decline in US

Oil prices slip to $71.43 despite surprise decline in US

Posted on April 18, 2019 Authornewsheadline247

Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline stocks and ongoing OPEC-led supply cuts. Brent crude futures were at 71.43 dollars a barrel at 0700 GMT, down 19 cents or 0.3 per cent from their last close and further

Read more Oil prices slip to $71.43 despite surprise decline in US

https://www.newsheadline247.com

Is President João Lourenço’s Team Driving the Angolan Oil Rebound?

Is President João Lourenço’s Team Driving the Angolan Oil Rebound?

Posted on January 10, 2019 Authornewsheadline247

The first eleven months of 2018 saw Angola make more money from oil than in any of the previous four years, at the tune of USD$8.7 billion In December, I was accompanying OPEC Secretary General Mohammed Sanusi Barkindo and Africa Oil and Power CEO, Guillaume Doane on a working visit to Angola. This is an

Read more Is President João Lourenço’s Team Driving the Angolan Oil Rebound?

https://www.newsheadline247.com

Jonathan, Diezani shared $466m bribe

Jonathan at Aso Villa with President Buhari in August 2016

Italian prosecutors have alleged that Nigeria’s former president Goodluck Jonathan and his oil minister received kickbacks as part of a $1.3 billion deal involving oil giants ENI and Shell.

Court documents filed late last month in the city of Milan and seen by AFP outline a case against 11 people, including senior executives from the two oil majors and the companies themselves.