COVID-19: Would the Delta strain cause an Oil Price “Delta?”

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There is little doubt that the Delta variant will turn the tides downwards for oil prices.

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Oil prices plunge over OPEC+ drama

January 5, 2021

Oil prices drifted lower amid reports revealing OPEC+ members are disconnected as regards to February crude oil output quota.

Saudi Arabia and Russia agree to extend output cuts with a condition

OPEC cites vaccine as most important factor for oil in 2021 as Nigeria pushes for cuts

by Abiola Odutola

January 5, 2021

Nigeria's is pushing for Oil countries to maintain current OPEC outputs

Here is What You Should Know About Buhari’s New Oil Swap Deal

Oil prices gain, energy demand in America ticks up

by Olumide Adesina

December 24, 2020

Brent oil futures were up by 0.83% to $51.62, increasing the odds of staying above $50/barrel before Christmas.

FG battles 6 oil firms for failure to remit N20 trillion , ExxonMobil, Shell, Chevron delay $58.4 billion oil and gas investment in Nigeria, Crude Oil: Nigeria’s oil production slips for the third consecutive month , Tax reform, policy uncertainty to cause oil drop as foreign firms look outside Nigeria, Nigeria plans to support oil price with lower production cost per barrel, Oil price slumps further to $30 pb, as Nigeria grapples with high production cost, Reduction in PMS: A nod to the deregulation of the downstream sector?

Oil prices drop amid curb on air travels

by Olumide Adesina

December 23, 2020

At the time of writing this report, Brent oil futures were down by 1.06% to $49.30 thereby dropping below the ...

Oil prices tumble, Oil traders panic over new strain of COVID-19

by Olumide Adesina

December 21, 2020

Brent crude dropped about 3.20% to trade at $50.59 and WTI futures sank by 3.09% to $47.72.

Crude Oil worker, OPEC, oil prices, Bulls hit back to support US crude oil amid panic sell- offs in global equity markets, Nigeria’s local oil players smashed by low crude oil prices

Oil prices drop amid delay in $900 billion economic stimulus package

by Olumide Adesina

December 18, 2020

Oil prices are presently cooling off on the bias of the $900 billion economic stimulus package lingering at the U.S ...

How Libya and Iran can add to Nigeria’s woes

by Opeoluwa Dapo-Thomas

November 12, 2020

Oil prices are expected to rise slightly in the last quarter of the year, with further gains due to a ...

Crude oil prices slump, as partial lockdowns resume

International Oil price rebounds

by Johnson Uche

October 14, 2020

Brent crude futures rose by 60 cents or 1.4%, to close at $42.32 per barrel.

Crude oil prices record gains after tropical storm hit Gulf of Mexico

by Olumide Adesina

September 14, 2020

Tropical Storm Sally picked up its strength in the Gulf of Mexico, west of Florida yesterday.

Tag: Global Oil prices