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diesel

Global diesel shortage further exacerbated by Russia’s ban on exports

by Omono Okonkwo

September 27, 2023

Last week, on September 21st, Russia announced a temporary ban on diesel exports to all countries except Belarus, Kazakhstan, Armenia, ...

Where next for oil prices?, Brent crude futures gained 0.14 to trade at $34.70 at the time this report was drafted, recovering some of its losses earlier in the oil trading session. , Brent crude price fails to remain over $40, concerns over pledge cut strengthens

Oil closes the week gaining 5% despite Friday’s price drop

by Ajibola Akamo

January 9, 2022

The black liquid ended the week very bullish despite Friday’s dip where longs in the market took some profit after ...

Crude oil in Nigeria, Oil producing states in Nigeria, Department of Petroleum Resources, DPR yet to recognise Anambra Enugu and Kogis States as oil producers, West Africa’s crude inventory is building up as demand slows due to Coronavirus, Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia, Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts, Crude oil prices surge higher as Brent crude hits almost $30 per barrel , Brent crude plunges 5%, world’s second largest economy skips economic growth target

Oil prices steady as tension in Kazakhstan persists

by Ajibola Akamo

January 7, 2022

Oil prices are marginally down on Friday, however, heading for their biggest weekly gains since mid-December. Although the unrest in ...

Nigeria reclaims position as top African crude oil producer in May 2023

Crude oil hits $82 a barrel on supply concerns amid unrest in Kazakhstan

by Olumide Adesina

January 7, 2022

The price of crude oil rose in London on Friday morning as an uprising in Kazakhstan led to concerns about ...

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