Agency Report Oil prices climbed more than 1% on Friday after better-than-expected U.S. employment data, though both benchmarks fell more than 3% on the week on...
Fitch Ratings said that the decision of the Federal Government to reverse its plan to phase out the implicit fuel subsidies that support price controls on...
Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the COVID-19 situation...
Crude Oil Nears $77 to Hit Three-year Level The price of crude oil continued its rally yesterday with Brent, Nigeria’s oil benchmark, nearing $77,...
Oil rises on bullish API inventory report The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 439,000 barrels...
Oil prices fell on Tuesday, adding to losses from the previous session that came as California tightened its pandemic lockdown through Christmas and coronavirus cases continued...
OIL firms indebted to the Nigerian Government will not be allowed to participate in the newly launched bid round for marginal oilfields as oil firms, the...
Global oil commodities gained in prices on Wednesday as Brent crude, the benchmark against which Nigeria’s crude is priced, rose to $40 per barrel for the...
