The Sanchi, carrying 136,000 tonnes of light crude oil from Iran, went under on Sunday after a new and massive fire erupted, sending a cloud of black smoke as high as one kilometre above the East China Sea.
Gas prices also rising in US, forecast to hit highest levels since 2014
Department of Energy says US to produce more than 11 million barrels per day by end of next year
Incident takes place in Rivers state when people were returning from night church program, according to pastor from area
Group says state-owned corporation has not accounted for dividends collected from 2000-2015
Seoul responds to reports of Beijing and Pyongyang flouting United Nations Security Council sanctions
But the pace of gains slowed sharply from October, when petrochemical plants and oil refineries roared to life after being idled by the late summer's back-to-back hurricanes.
6.5 billion barrels of oil thought to lie between counties
Cleanup of 210,000-gallon spill, repairs completed to regulatory satisfaction
He said 158 million barrels of surplus crude oil remain on the market and "we need to reduce that -- which means there is a potential for extension".
The Niger Delta Avengers group last week threatened to resume its targeting of oil and gas infrastructure that in 2016 led to a slump in output that helped tip Nigeria into recession.
Baghdad is negotiating with Ankara on exports of oil from Kirkuk area via Ceyhan, says Iraq's oil minister
Government forces have taken 40 oil wells from Kurdish Peshmerga in recent military operations, army source says
International benchmark reaches highest level since July 2015
Oil Minister Jabbar Al-Luiebi also says oil production of Basra and southern fields have increased
Total recoverable oil reserves at 5 blocks could be about 670 million barrels
Abu Kamash is the site of one of the oil-rich North African country's largest petrochemical complexes, near the Tunisian border some 170 kilometres (100 miles) west of Tripoli.
Reduction in price volatility is key, says Russian minister Novak
Energy demand will shift to Asia-Pacific region amid development of new markets over next decade
Russia is implementing oil production cuts beyond what was agreed, Barkindo says
Memo leaked on social media deepens public suspicion about government's fight against corruption