Brent futures climbed on Thursday, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week.
In a further sign of abundant supply, the number of rigs operated by U.S. drillers was steady last week for the first time this year.
Supply disruptions in Canada, Nigeria and Libya helped soften the global crude glut, but brimming inventories kept prices from rising further.
Serah Luka was among 97 women and children rescued Thursday after clashes between soldiers and Boko Haram militants in northeastern Nigeria.
Amina Ali Nkek was reportedly found Tuesday in Sambisa forest, near Nigeria’s border with Cameroon, more than two years after her kidnapping.
A fresh flare-up in the blazes ripping across Western Canada is forcing oil sands producers to abandon plans to restart production.
U.S. crude oil prices neared $50 a barrel Wednesday, as expectations of a drop in U.S. oil stockpiles fueled the rally.
Beside unplanned outages, supply from non-OPEC countries is expected by the International Energy Agency and other forecasters to fall this year.
Han Kang won in the face of competition from an impressive shortlist, including Nobel Prize winner Orhan Pamuk.
U.S. crude surged Monday amid production disruptions in Canada and Nigeria and fears of a supply shortfall.
Analysts from the bank said that the oil market had likely shifted into deficit in May, as sustained demand and unexpected disruptions in production offset output growth in Iran and Iraq.
The Security Council was set to meet Saturday in Nigeria to evaluate efforts to combat the extremist group, which has been active in the country since 2009.
In its monthly oil market report, the International Energy Agency predicted a big reduction in oil stocks later this year.
Africa’s largest national economy has been ranked as one of the most corrupt in the world.
Alleged tax havens, such as Panama and British Virgin Islands, have not been invited to the event being hosted by Prime Minster David Cameron.
There are twice as many internally displaced people as refugees worldwide, with displacements increased after the Arab Spring uprising and ISIS’ rise, a report said.
The 90-year-old’s comments came the same day Prime Minister David Cameron described Nigeria and Afghanistan as “fantastically corrupt” in a conversation with the queen.
China, Russia and Saudi Arabia are funneling the most wealth out of their homelands, according to a new report.
Chevron Nigeria Limited said its Okan offshore facility in the Niger Delta region was attacked Wednesday, resulting in an oil spill.
Since late 2014, Malawian police have recorded at least 65 cases of violence against people with albinism, a U.N. expert said.
Nnamdi Okonkwo, managing director of Fidelity Bank PLC in Lagos, has been arrested by Nigeria's anti-corruption agency.
“We need the support of the World Bank for the repatriation of the funds,” Nigerian President Muhammadu Buhari said.