By Adedapo Adesanya Oil witnessed a reprieve on Wednesday, with its value going up by about 2 per cent as government data showed rise in oil...
By Adedapo Adesanya The crude oil market appreciated on Thursday as traders weighed the adjustment of tariffs by the United States amid plans by the Organisation...
By Adedapo Adesanya Nigeria’s production has risen to 1.57 million barrels per day, indicating a 70,000 barrels per day above its target by the Organisation of...
By Adedapo Adesanya The price of the international crude benchmark, Brent, depreciated by 58 cents or 0.8 per cent to $71.04 per barrel on Tuesday amid...
By Adedapo Adesanya Oil prices fell on Wednesday as a surprise build in US fuel stockpiles signaled demand weakness and a potential peace deal between Russia...
By Adedapo Adesanya The oil market jumped on Monday as fresh US sanctions on Iran and a commitment to compensate for overproduction by Iraq added to...
By Adedapo Adesanya Worries about supply disruptions in Russia and the United States increased the price of Brent crude futures by 20 cents or 0.3 per...
By Adedapo Adesanya The prices of the major crude oil grades strengthened on Monday after an attack on an oil pipeline pumping station in the Caspian...
By Adedapo Adesanya Nigeria has adequately reduced the amount of crude oil lost to theft by 95 per cent to as low as 5,000 barrels per...
By Adedapo Adesanya The prices of the two major crude oil grades went down by more than 2 per cent on Wednesday after the US President,...