By Adedapo Adesanya The crude oil market appreciated by more than 1 per cent on Thursday, as expectations for a US interest rate cut increased further...
By Adedapo Adesanya Oil prices settled lower on Wednesday despite positive data from the United States outweighed by other headwinds facing the market. Brent crude futures...
By Adedapo Adesanya Oil depreciated by more than 2 per cent a barrel on Monday amid the prospect of successful Middle East peace talks reducing supply...
By Adedapo Adesanya The Brent crude oil grade drowned by $1.36 or 1.7 per cent on Friday to $79.68 per barrel as the US West Texas...
By Adedapo Adesanya Crude oil prices appreciated on Thursday after US economic data eased fears of a recession in the world’s biggest economy, with Brent up...
By Adedapo Adesanya Oil prices went down on Wednesday after US crude inventories rose unexpectedly as worries that a wider Middle East conflict could threaten supplies...
By Adedapo Adesanya The Minister of Finance, Mr Wale Edun, has met with key stakeholders in the oil and gas industry to discuss ways to implement...
By Adedapo Adesanya Brent crude neared the $80 per barrel territory on Friday, helped by positive economic data and signals that the United States could cut...
By Adedapo Adesanya Dangote Petroleum Refinery Limited has insisted that it has been unable to secure its full crude requirement from domestic production. In a statement...
By Adedapo Adesanya Nigeria is losing $1,000 on every barrel of crude oil it exports due to a lack of the added value from refining, according...