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Niger said five of its oil workers are being held in Benin, deepening a spat between the two African nations over the export of crude. The Nigerien nationals, who worked for the local affiliate of China National Petroleum Corp., were at Benin’s Sèmè Kpodji port to control the loading of crude for export, the ruling junta known as Council for the ...
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Shares of Saudi Arabia’s Aramco rose on Sunday following a stock sale that’s set to raise the state oil company around $11.2 billion. Shares were trading around 28.85 Saudi riyals ($7.69) on the Tadāwul Saudi stock exchange at 1:40 p.m. local time (6:40 a.m. ET), above the stock sale offer price of 27.25 Saudi riyals. Pricing was at the lower end of the ...