NNPCL owes oil traders $3 billion backlog for imported fuel – Report
Nigeria National Petroleum Commission (NNPC) owes around $3 billion to oil traders for imported petrol, according to a recent report ...
Tag: oil traders
Trouble ahead as traders warn of global diesel shortage
The world's leading commodities traders have warned that sanctions on Russia are putting a squeeze on diesel markets.
Oil prices drop below $65 a barrel on resurging COVID-19
Oil traders are arbitrarily going short, on signs of more COVID-19 lockdowns in Europe.
Oil drops as Europe suspends COVID-19 vaccine usage over possible side effects
Oil traders anticipate such delays in COVID-19 usage could adversely affect energy demand.
Oil prices stay on course over successful rollout of COVID-19 vaccines
The British-based oil contract, Brent crude surged by 0.46%, to trade at $62.99 a barrel, up from four days of ...
Oil prices drop, despite strong fuel demand in play
Brent oil futures lost about 0.2% to trade around $61 a barrel
Oil prices rally high on incoming COVID-19 relief program
Brent oil futures gained 0.68% to trade at $56.28 a barrel adding to yesterday's 2.1% gain.
Oil prices stay firm, amid rising COVID-19 cases
Brent crude futures traded at $55.59 a barrel and West Texas Intermediate futures was around $52.22 a barrel.
COVID-19 mutant strain causes chaos at Oil markets
Crude Oil prices dropped deeper at the second trading session of the week, following a new strain of COVID-19 virus.
Oil prices tumble, Oil traders panic over new strain of COVID-19
Brent crude dropped about 3.20% to trade at $50.59 and WTI futures sank by 3.09% to $47.72.
