Crude oil prices fall lower, oil traders focus on OPEC meeting
Brent Crude lost about 0.62% to trade at $42.94 a barrel, at 6.05 am Nigerian time.
Tag: Global Crude Oil Prices
Brent crude up by 40% in May, strongest monthly bounce since March 1999
It saw steep monthly gains due to falling global crude oil production and expectations for demand growth around the world.
Petrol Subsidy-Will there be an end to the discourse?
Local media reports citing a recent report by NNPC say the federal government paid N752bn as a petrol subsidy in ...
Nigeria’s Bonny light crude up by 22.7% as global oil demand improves
The recovery of crude oil prices from last month’s unprecedented crash seems to be moving swiftly, as more countries ease ...
Brent crude slides by 8%, as storage fears mount
Oil prices dropped today, based on signals that global oil storage ability is getting filled up, oil production cuts will not meet up.
Where next for oil prices?
Market sentiments are divided on where oil prices would head in the short term based on new activities taking place.
Banks that hedged against 2020 Oil price crash
Nigerian banks claim they have protected themselves against a potential loan crisis in the oil and gas sector. But is ...
Bulls hit back to support U.S crude oil amid panic sell-offs in global equity markets
U.S. crude rose on Tuesday morning, but a historic fall in its May contract, which plunged below zero, raised concerns among investors
OPEC+Deal: Breakdown of the oil cuts and the applicable timelines.
So what was agreed? Here is the break down of the cuts and the timelines;
COVID-19 could save naira from depreciating further
The global spread of COVID-19 and fear of another surge later in the year could limit travel plans for dollar-hungry ...
