Oil prices plunged on Tuesday amid a considerable progression in restoring Iran’s 2015 nuclear deal with world powers. Brent crude futures, the global oil benchmark, fell...
•Supply constraint, fading COVID-19 fears drive up prices •Nigeria leads OPEC’s underperformance Oil prices traded within striking distance of its seven-year high at $86.71 per barrel...
Crude oil prices fell to $81.88 as the Organisation of the Petroleum Exporting Countries and its allies agreed to continue with the current output plan. Brent...
The World Bank Group says a higher global inflation rate is ahead, noting the current oil price rise may continue into 2022, after recording 80 per...
The price of Bonny Light, Nigeria’s brand of crude oil, has risen to $80.73 per barrel, from $77.86, barely 24 hours after the Organisation of Petroleum...
Crude oil prices rose on Monday ahead of another meeting of the Organisation of the Petroleum Exporting Countries and allies (OPEC+) for possible agreement on a...
Nigeria’s external reserves rose by $404 million to $34.820 billion as of March 31, 2021. This, according to figures from the Central Bank of Nigeria’s website...
The price of crude oil (Brent) itched close to $66 a barrel at the close of business on Monday, the highest since its biggest slump last...
Crude oil prices have continued to rise, hitting $57 a barrel on Tuesday, the highest level in nearly 12 months. The development has given a renewed...
Brent Crude price rose to $50.16/barrel at the close of trading on Thursday, showing a gain of over two per cent, while the WTI futures traded...