Tag
OIL MARKETS
More losses for oil, West Africa to China VLCC rates fall to historic lows, Nigeria applies discounts on...
Here are key takeaways from OPEC's recent meeting as the organisation shows admirable strategy in the global oil market management.
Now we have Oil markets leeching on a relatively insignificant demand for travel.
The crisis in the global oil market seems to be hitting Nigeria harder since the country's economy is largely dependent on crude oil proceeds. and to make matters worse, it has become more difficult to sell the oil, even at ridiculously low rates.
The Nigerian Stock market dropped sharply today as the impact of the COVID-19 pandemic reinforced a painful hangover
Some oil markets are beginning to react to the unprecedented deal agreed by OPEC and its allies, together with other major oil producers.
Global oil prices declined significantly late yesterday as news reports filtered into the market of an impending price war between Saudi Arabia and Russia.