Brent and the West Texas Intermediate (WTI) crude oil fell Tuesday evening, as the Organization of Petroleum Exporting Countries (OPEC) projected slow growth in demand for...
Nigeria’s currency on Thursday recorded 1.1 percent appreciation to close at N406.50 against the dollar. This represents a N4.50 gain when compared to N411 recorded on...
The Federal Government has described as a welcome development the rising price of crude oil in the global market, saying, “this is a good omen for...
Oil prices climbed up Wednesday following an abrupt fall in U.S. crude storage even though demand fears from unprecedented rises in coronavirus cases limited gains. Brent...
The price of crude oil at the international market strengthened to $62.90 per barrel on Monday, a 20 cent increase from last weekend’s closing price. The...
Crude oil prices got more than 1.5 percent boost on Monday on hopes that talks in Beijing can resolve a trade war between the United States...
Prices of crude oil in the international market have rebounded after the most recent production cut deal reached by the Organization of Petroleum Exporting Countries (OPEC)...
Prices of crude oil slumped on Tuesday at the international market, ending four days of price gains. The slump has been attributed to rising inventory in...
There doesn’t seem to be much hope for the falling prices of crude oil going up in the next ten years, as experts have predicted that...
In from Stanley Azuakola . . . With the global crash of crude oil prices in the international market, Nigeria’s revenue has been adversely affected with...
The Central Bank of Nigeria sold $5.3 billion to defend the naira in October even as foreign exchange inflow into the economy fell by 5.4 percent...
The drop in crude oil prices in the international market has taken its toll on the federation account as statutory allocation to the three tiers of...
