EIA signals crude oil prices could drop below $60 by Q4
Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline ...
Tag: EIA
Nigeria becomes net importer of U.S. crude for first time amid Dangote Refinery demand
Nigeria has, for the first time, imported more crude oil from the United States than it exported, marking a historic ...
EiA launches program for African startups to scale to Europe
ENRICH in Africa (EiA) in collaboration with the Co-creation hub (CcHub) has launched its Africa to Europe scaling the programme to ...
Oil bullish as U.S inventory declines
Data released from the U.S EIA showed a decline of 4.089 million barrels in the 3rd week of July.
Brent crude remains relatively stable despite drop in U.S crude oil Stockpiles
The low volatility in Brent crude was largely attributed to many oil traders staying on the sidelines.
Major oil over-producers, Nigeria & Iraq, compelled to cut their production
Brent crude was slightly up by 0.04% to trade at $43.23 at 5:42 am local time on Thursday.
Oil prices hit the biggest daily decline on COVID-19 resurgence, inventories
This year has been a turbulent one for the oil market as crude oil prices went negative for the first ...
