drop | Egypt Oil & Gas

Oil Prices Decline As Russia Favors Iran Nuclear Deal Resumption

Oil prices has declined to the lowest level in three weeks after Russia’s announcement its favor of resuming Iran nuclear deal as soon as possible.

Oil Drops to $45 Despite OPEC Deal

Oil hovered around $46 per barrel in New York, back to levels last seen before the OPEC deal to cut production.

Nigeria Lost 130m Barrels of Crude

Nigeria has lost over 130m barrels of crude oil from January to November this year to the activities of 32 militant groups in the Niger Delta region.

Nigeria’s Oil Output,Export Losses Continues

The Nigerian Petroleum Minister, Ibe Kachikwu, said that the country’s losses in oil production due to militant attacks have hit 900,000 b/d. The African nation continues to lose about $274m as the US and India cut t ...

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