Oil prices declined on Tuesday as the rush for profit-taking pervaded the market after Oil prices slid on Tuesday with investor profit-taking after reaching three-month highs...
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,...
Oil prices settled at a three-year high above $85 a barrel on Friday, boosted by forecasts of a supply deficit in the next few months as...
Oil prices rose for a third week in a row to a near three-year high on Friday as global output disruptions have forced energy companies to...
Oil price sustains steady rise to near $72 per barrel Crude oil price closed in on the $72 mark as Brent crude hit $71.85...
Worries of pandemic surge in India, cost Nigeria, others oil fortune With agency report Nigeria’s oil fortune and other major oil exporting country fell...
Oil hits six-week high $68.47 as dollar weakens The international oil benchmark, Brent crude, reached its highest in six weeks on Thursday as strong...
Oil tumbles 4% on concerns over Europe curbs, rollouts Oil prices fell more than 4 per cent on Tuesday, hit by concerns over new...
Nigerian oil producers earn $2.4bn on 39.2mb exported in February Oil producers in Nigeria raked in $2.4304 billion from oil exports into the market controlled...
Oil price rebounds on expected economic recovery Oil prices rose on Tuesday on expectations of a recovery in the global economy after the U.S. Senate...
Oil rises by $0.25 The international oil benchmark, Brent crude, rose by $0.25 to $63.94 per barrel as of 7pm Nigerian time on Tuesday. Recall...