Brent crude futures slumped by more than 25% on Tuesday 10.45 am Nigerian local time, closing below $20 a barrel.
Global crude oil prices rose early Friday morning after US President, Donald Trump, laid out unprecedented measures aimed at reviving the American economy which has been...
Nigeria is currently fighting on many fronts, battered by the sudden plunge in oil prices and the global economic slowdown resulting from the COVID-19 pandemic.
Oil prices slumped on Monday morning in Asia as the Coronavirus pandemic continued to hurt demand while the price war between Saudi Arabia and Russia remained...
Oil prices fell today as political leaders around the world escalated lockdowns to curb the spread of the global coronavirus pandemic.
The on-going Coronavirus outbreak ravaging the earth has not only disrupted the personal plans of many, but also the global economy.
Oil prices slumped further on Monday to $30, the lowest in four years. Price of the Brent crude dropped by 10% to $30.49 per barrel.
President Muhammadu Buhari has made currency stability a key pillar of his plan to revive an economy still reeling from the collapse of oil prices in...
Oil prices have slumped again on Thursday, following the declaration of a travel ban on European countries into the United States.
Global oil benchmark, Brent Crude, finally slipped below the $50 per barrel mark on Friday after declining by as much as 3.85%.