Why Nigeria urgently needs to grow non-oil exports

The economy of Nigeria has had to navigate a major crisis that started with the collapse of oil prices in 2014 and was worsened by the ongoing restiveness in the oil rich Niger-Delta region.

Talk Trump may tap strategic oil reserves raises questions

Reports that President Donald Trump could soon tap the Strategic Petroleum Reserve in a bid to lower gasoline prices have raised concerns the emergency stockpile is being compromised for political purposes.

Ryanair profits up 10% despite cancellations crisis

Irish budget carrier Ryanair said Monday its net profit had risen 10 percent in 2017-2018 despite the cancellation of thousands of flights, but forecast a fall this year due to higher oil prices.

Germany's BASF 'cautious' after challenging 2016

German chemicals giant BASF on Friday said it expected higher oil prices to push up earnings this year after a challenging 2016, when its main Ludwigshafen plant was hit by a deadly explosion.

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