Despite the deal by the Organization of Petroleum Exporting Countries, its allies (OPEC) and other top oil producers, in addition to the intervention of US President,...
The discovery of oil in Nigeria has been described as the greatest threat to the country’s economy as it is exposed the economy to vulnerability over...
Former Gov. Orji Uzor Kalu was in Caracass, Venezuela, on Monday to seal an oil deal with President Nicolás Maduro The senator-elect was there for his...
Oil price on Tuesday hit a five-month high above 71 dollars a barrel, supported by concern that violence in Libya could further tighten supply already squeezed...
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting...
Oil bounced above 63 million a barrel to claw back some of the previous day’s six per cent plunge, lifted by a report of an unexpected...
Crude oil prices rose on Monday with the global benchmark, Brent crude settling at $75 per barrel, as traders kept the focus on global supply disruptions...
Oil could be back to US$45 a barrel within 12 months, Citigroup’s commodities Chief Ed Morse said in an interview monitored by National Daily, noting that...
US Crude imports from Nigeria drops By 62% Oil prices grew more than 1 percent at the weekend as the Organization of Petroleum Exporting Countries, OPEC,...
Trading sources have revealed that just a handful of cargoes of June Nigerian cargoes were still up for sale, but the July programme was proving slow...
