Business
Oil Prices Rise as Iran Rules Out Extension of US Memorandum
Crude oil prices rose on Monday after Iran ruled out talks to extend its memorandum of understanding with the United States as the 60-day deadline for a nuclear agreement expired.
Nigeria’s Crude Oil Output Falls 4% in July, Remains Above OPEC Quota
Nigeria’s crude oil production fell four per cent in July to 1.505 million barrels per day, though output remained above its OPEC quota for a third consecutive month.