Oil prices rose for the second consecutive day at the weekend with Brent (the international benchmark for Nigeria’s crude) climbing up further to $34.91 per barrel....
Oil prices have slumped again on Thursday, following the declaration of a travel ban placed on European countries by the United States (US) government. For instance,...
The massive crash in crude oil price and the constant pressure on the country’s foreign reserve due to the Central Bank of Nigeria’s sustained intervention in...
Nigeria may be heading for its second recession in nearly four years after crude oil prices crashed to $30 per barrel in the international market as...
The Federal Government has announced plans to review the 2020 budget as crude oil revenue comes under pressure from the effects of the raging coronavirus infection...
The international oil benchmark, Brent crude have sunk to its lowest level in more than a year trading below the Federal Government’s benchmark for the 2020...
Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and OPEC-led efforts to constrain supply, although trading was quiet as...
Oil extended gains after an industry report showed a bigger-than-expected drop in American crude inventories and as Iran ruled out a meeting with the U.S. ...
ai Naira weakened to 364 per dollar at the weekend from N363.50 the previous day as falling oil prices tightened liquidity on the currency market, traders...
World oil prices surged Thursday on reports that two tankers had been attacked in the Gulf of Oman, worsening frayed tensions in the crude-rich Middle East...
