The Federal government appears to be at a crossroads as Brent crude soared closer to $75 per barrel on Monday, June 21. According to data, the...
On Wednesday morning, Oil prices increased to the highest level for over a month propelled by the news of economic and oil demand rebound in the...
The international oil benchmark, Brent crude, rebounded in the early hours of Tuesday morning, hitting the $67.88 per barrel mark. This is the highest level since...
On Friday morning oil price rose by 1 percent after dropping 3.8 percent on Thursday after observers predicted it will take weeks to remove the giant...
The international oil benchmark, Brent crude, rose further on Thursday, trading near $59 per barrel according to data from Oilprice.com. As at 11.00am Nigeria time, data...
Oil prices climbed on Tuesday, the third time in four trading sessions, on hopes of fuel demand recovery, as the U.S. drew closer to expanding its...
Oil prices climbed on Monday, lifting Brent (the benchmark for Nigeria’s crude oil grades) above $50 per barrel amid optimism that a dispensation of coronavirus vaccines will boost...
Oil prices weakened Thursday, with an uptick in COVID-19 infections and stricter curbs on economies around the world fuelling worries over weaker fuel demand, casting shadow...
Oil prices advanced further on Wednesday amidst optimism that the Organisation of the Petroleum Exporting Countries (OPEC) and allies will slow down a proposed hike in...
Oil prices slid below $40 per barrel on Friday as fresh lockdowns imposed in Europe to curb spiralling coronavirus cases spurred anxiety regarding crude demand outlook...
Oil prices extended their rebound on United States Election Day in the midst of recovery in financial markets on Tuesday even though fears over increasing coronavirus...
Oil prices declined on Monday over concerns that widening coronavirus lockdowns in Europe would hurt fuel demand and amidst worries about turbulence over this week’s presidential...
Oil prices advanced on Tuesday, neutralising overnight losses, as investors moved into risk assets and kept a distance from the safe-haven United States dollar, which touched...
Oil prices slid on Thursday after major producers warned of a risk to demand recovery if the coronavirus crisis extended further just as the United States...
Oil prices climbed higher on Wednesday after an industry report indicated U.S. crude stockpile plunged more than analysts projected, raising hopes that fuel demand in world’s...
Oil prices saw mixed fortunes on Monday as Brent crude advanced further, on the back of measured supplies while its counterpart U.S. benchmark, West Texas Intermediate...
Oil prices weakened on Monday, extending the losses recorded the week before as fresh coronavirus infections hit China, United States and Japan, worsening fears that a...
Oil prices edged up on Tuesday on traders’ expectation that major oil-producing economies would consent to retain their hefty production cuts to strengthen prices at an...
Oil prices dipped by almost 1% on Monday as traders played safe with the Organisation of the Petroleum Exporting Countries contemplating a meeting this week to...
The global oil price benchmark, Brent crude, on Tuesday extended its decline, dropping to $19 per barrel, amid the demand collapse caused by reduced economic activity....
The international oil benchmark, Brent crude, against which Nigeria’s oil is priced, fell by $2.60 to $56.34 per barrel as of 8.10pm on Wednesday. The oil...
There appears to be a brewing challenge for Nigeria, as Brent Crude on Monday slipped below its $60 per barrel budget benchmark for the 2019 appropriation...
Prices of oil on Monday rose by one per cent despite tension in the Middle East and the supply cut by the Organisation of Petroleum Exporting...
Price of crude oil on Monday hit the highest since November 2018 to sell at $70.76 per barrel. This follows the ongoing oil supply cut by...
The international oil benchmark for Brent crude, on Sunday did not only fall to its lowest this year but also lower than the proposed 2019 budget...
After positive signs of improving crude prices, hopes faded again on Tuesday, as prices dipped further below $40 per barrel. The further fall in prices may...
The price of Brent crude, on Monday, rose to hit a 2016 high of $40 per barrel. It was the sixth rise in consecutive trading days...
