By Adedapo Adesanya The chief executive of the Nigerian National Petroleum Company (NNPC) Limited, Mr Bayo Ojulari, has said that Nigeria could increase oil production by...
By Adedapo Adesanya Oil prices dropped over 10 per cent on Monday after US President Donald Trump said he would postpone any military strikes against Iranian...
By Adedapo Adesanya The two major crude oil grades jumped 3 per cent on Friday and settled at their highest in nearly four years, with Brent futures...
By Adedapo Adesanya Brent crude traded at $108.65 per barrel on Thursday after earlier hitting $119 during the session, as the Middle East crisis took a...
By Adedapo Adesanya Brent crude moved higher by 4.27 per cent to $112.00 per barrel on Wednesday as Iran attacked several energy facilities across the Middle...
By Adedapo Adesanya Oil was up more than 3 per cent on Tuesday as renewed Iranian attacks on the United Arab Emirates (UAE) heightened concerns about...
By Adedapo Adesanya The oil market was down about 3 per cent on Monday after some vessels sailed through the critical Strait of Hormuz that has...
By Adedapo Adesanya The price of the major crude oil grade, Brent crude oil, closed above $100 on Friday for the second consecutive session, as the...
By Adedapo Adesanya Brent crude crossed $100 a barrel again on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East,...
By Adedapo Adesanya Oil prices appreciated by nearly 5 per cent on Wednesday as fresh attacks on ships in the Strait of Hormuz worsened supply disruption...
