Jitters for Naira as oil prices fall below $70 for the first time since 2021
Brent crude oil futures fell below $70 per barrel for the first time since December 2021, marking a new downturn ...
Tag: Crude oil prices
Bonny Light settles at $88 a barrel amid Israeli-Houthi conflict
Bonny Light crude reaches $88 per barrel amid Israeli-Houthi conflict, with rising tensions and potential September rate-cut signs.
OPEC+ keeps production quota unchanged as crude oil prices near $90 per barrel
The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) and its allies led by the ...
Why crude oil posted its worst day since September 2022
Consequently, short sellers took centre stage in the oil market on sentiments that energy-price inflation over the past three months ...
Nigerians Could Pay Less for Fuel as Global Crude Prices Tumble
Fuel pump prices in Nigeria could see a reduction if global crude prices keep tumbling.
Nigeria’s reserves shrink on low oil production, moderated oil prices and capital flight
Based on figures obtained from the Central Bank of Nigeria’s (CBN) data on the movement of external reserves, the country’s ...
Crude oil prices rise for a second straight week, Brent crude up nearly 2% WoW
Friday's strong labour data raised fears of higher U.S. interest rates, but oil prices remain range-bound and could rise for ...
Oil prices fall significantly despite improved US employment figures, economic data
Crude oil prices fell significantly on Tuesday despite robust strong US economic data as well as improved employment figures and ...
Nigeria’s economic crunch may persist as World Bank projects oil price drop over next two years
The commodity markets report from the World Bank is published twice a year - first in April and later October
Oil prices rebound as market volatility persists
Slow growth in the Chinese economy has added to the series of bearish factors affecting the oil market
