Oil prices rose on Monday following fresh worries about supply, with Brent crude futures growing by $3.13 or 4.2 per cent to $78.12 a barrel, while...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
By Ahmed Ayanfe Consumers desperate for relief from the scourge of sky-high petrol prices won’t get it soon, if the latest forecast from Goldman Sachs commodity...
Nigeria’s crude oil production fell to an average of 1.219 million barrels per day (mbpd) in April 2022, representing a 1.53% decline compared to 1.238mbpd recorded...
Wednesday was another day of wild market moves, mainly in commodity markets as echos of sanctions and fear of supply disruption triggered by the ongoing war...
Coming from a seven-year high record of $90 per barrel last week, oil prices in the global market set a new record on Monday, trading above...
Oil prices surrendered earlier gains on Tuesday as investors embraced expectations that major oil producers will confirm a plan to add supply later on Tuesday amid...
Nigeria and other exporting nations across the world cash in short on the proceed from crude oil per barrel in November following price depreciation in the...
Crude oil prices fell on Monday on expectations of increasing supply, while higher energy costs and rising COVID-19 cases are also seen weighing on demand. Brent...
With Brent rising for the past eight weeks and West Texas Intermediate (WTI) climbing for the past 10 weeks, oil prices are starting to look overbought,...
