Brent crude surges pass $36, as major oil producers stick to their pledge on oil output cut

Oil prices, OPEC crude oil production drops to its lowest in nearly 30 years

Note that crude oil prices are still down by 45% since the beginning of 2020, a situation that had forced ...

Crude oil prices rally as investors remain optimistic about oil production cut ,Brent Crude continues to rally as businesses resume around the world, Brent crude,, Petrol: OMCs to resume importation of Petrol, Crude oil prices drop, geopolitical tension strengthens, OPEC and Alliance Output Cut are not enough to mitigate Brent’s Oversupply Issues, Brent crude falls, global investors fear strengthened on resurgence of COVID-19 cases, Brent crude drops, as COVID-19 caseloads rise in the world’s largest economies

Brent crude price increases, as businesses resume around the world

May 18, 2020

As world economies around the world re-open businesses, Brent crude gained about 3% percent to trade at $33.83 a barrel at 2.30 am Nigerian time

Exclusive: Interview with Ibe Kachikwu, former Minister of State for Petroleum Resources

by Abiola Odutola

May 13, 2020

Kachikwu talks African Oil and Gas, COVID19 and the future of energy.

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

Crude oil prices surge higher, Brent crude nears $30 per barrel

by Chike Olisah

May 5, 2020

With the slowdown in supply glut and improvement in oil demand due to easing of lockdown in economies across Europe, ...

Investing in the oil market

by Opeoluwa Dapo-Thomas

April 23, 2020

The crash in oil prices would be felt by countries and oil companies that heavily rely on oil for the ...

Brent crude drops to $25, oil demand drops by about 10% of world’s consumption, Brent Crude Oil hits $26, as Nigeria's Sweet Crude demand falls, Oil price pushes up before OPEC meeting, Asian equity markets mixed, NIGERIA OIL: Darker days ahead as Brent falls below production cost, Brent crude drops, as oil traders focus on OPEC+ meeting

NIGERIA OIL: Darker days ahead as Brent falls below production cost

by CSL Stockbrokers

April 23, 2020

Oil prices have continued its downward trend, with Brent crude falling below its average unit cost of production of c.US$23. ...

CRUDE OIL, U.S Shale, Naira under pressure, as crude oil hits $25 per barrel, Oil Price: A dead cat bounce in the making?, Bears tear Crude oil futures into shreds as Brent slumps more than 20%

Bears tear Crude oil futures into shreds as Brent slumps more than 20%

by Olumide Adesina

April 21, 2020

Brent crude futures slumped by more than 25% on Tuesday 10.45 am Nigerian local time, closing below $20 a barrel.

Oil prices rise after Trump’s plan to reopen US economy

by Chike Olisah

April 17, 2020

Global crude oil prices rose early Friday morning after US President, Donald Trump, laid out unprecedented measures aimed at reviving ...

Military located bandits in kankara, Q1 2020 National Debt report, Buhari finally speaks on NDDC probe, urges NA to act with a sense of urgency,National Human Rights Commission,Presidency bows to pressure, agrees to demand made by EndSARS protesters, Our economy is too fragile to bear another round of lockdown-Buhari, Zarbarmari: Massacre by Boko Haram is nothing short of senseless, barbaric, gruesome and cowardly- Buhari

Fending off Recession in Nigeria: Experts Offer some Advice to Presidency

by Olumide Adesina

April 11, 2020

Nigeria is currently fighting on many fronts, battered by the sudden plunge in oil prices and the global economic slowdown ...

Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia

by Olumide Adesina

March 30, 2020

Oil prices slumped on Monday morning in Asia as the Coronavirus pandemic continued to hurt demand while the price war ...

Tag: oil prices