oil prices

EXCLUSIVE: Recorded phone conversation with UK-based station reveals NDA threats to Muhammadu Buhari.

The private Caixin/Markit survey showed that activity at China's factories contracted for the month of May.

Goldman's report says there is a 70% chance that MSCI, will include mainland Chinese shares in its indexes.

Yellen had said that interest rates could be increased in the coming months.

Group condemns perceived marginalisation in Niger Delta and demands greater shares of oil revenues.

Buhari promised he would end corruption and terrorism and revitalise crippled economy.

US reports positive data on durable goods, pending home sales and initial jobless claims.

Tens of thousands protested across France in anger at President François Hollande's planned labour bill.

Militants urged oil company not to carry out repair works at platform previously attacked.

Brent crude hits $50 as stronger demand in Russia and China and disruptions in Canada boost prices.

Oil prices got a boost after US said crude inventories fell 4.2 million barrels in the week to 20 May.

Oil surged to over $49 a barrel to hit new highs in 2016.

April new home sales in the US stood at 619,000 units, marking the highest level since January 2008.

Investors are looking forward to the 27 May speech by Fed Chair Janet Yellen.

North Yorkshire County Council approved a bid by Third Energy to extract shale gas.

Diocese of Abuja of the Church of Nigeria urges groups behind recent attacks to cease violent activities.

The Japanese Nikkei traded lower after ministry of finance data revealed a fall in exports.

Iran's deputy oil minister said Tehran will target boosting crude exports to pre-sanctions levels.

Asian investors were muted to the hawkish comments from US Federal Reserve.

Egbesu Mightier Fraternity affiliated with newly established Niger Delta Avengers militant group.

Many US Fed committee members said it would be 'appropriate' to increase interest rates in June.

Unions called for action after government increased petrol prices by two-thirds to help tackle fuel shortage.

Fed presidents Robert Kaplan and Dennis Lockhart spoke in favour of a rate increase.

Anger as Nigeria scraps petrol subsidies by increasing prices to curb ongoing fuel shortage.

Rebound in Apple shares and oil price gains led to a positive close on the Wall Street overnight.

Newly established group demands end of perceived marginalisation in oil-rich Niger Delta region.

Calls for nationwide strikes sparked in Nigeria as petrol prices increased by two-thirds.

The negative news was offset by the Japanese yen, which managed to retreat by 0.25%.

This is amid non-Opec countries reducing their oil production.

IBTimes UK speaks with terrorism expert David Otto on dangers posed by new militants in the Niger Delta.