By Adedapo Adesanya The Organization of the Petroleum Exporting Countries (OPEC) said that the world oil demand will fall by 9.1 million barrels per day this...
By Adedapo Adesanya News that oil inventories fell in the largest producing country, the United States, boosted major oil benchmarks by 2 per cent on Wednesday...
By Aribidesi Lawal Nearly every part of daily life has changed as the world continues to fight back against COVID-19. Most observers agree that the increased...
By Adedapo Adesanya There was a low demand for Dollars at the Investors and Exporters (I&E) segment of the foreign exchange market on Monday, August 10....
By Adedapo Adesanya Oil spiked and hit a five-month high based on larger than expected inventory draw this week, but fears of a second wave of...
By Adedapo Adesanya Worries that a demand recovery would slow due to a resurgence of coronavirus cases led to a drop in the price of crudes...
By Adedapo Adesanya Fluctuations marred the oil market on Thursday, August 6 as both major benchmarks alternated in and out of the positive territory. As at...
By Modupe Gbadeyanka A Nigeria-based credit rating agency, Global Credit Ratings (GCR), has noted that the free cash flow of Ardova Plc (formerly Forte Oil) is...
By Dipo Olowookere The prices of some farm produce remained unchanged at the AFEX Commodities Exchange Limited on Wednesday. The exchange is a platform where farmers...
By Dipo Olowookere In order to remain in business and be able to fly its numerous passengers to their various destinations, the management of Air Peace...