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...
By Adedapo Adesanya The major crude oil grades in the market, Brent and the US West Texas Intermediate (WTI), lost about 2 per cent on Thursday...
By Adedapo Adesanya The oil market rose by nearly 3 per cent on Wednesday as investors worried that the conflict in the Middle East could widen...
By Adedapo Adesanya Brent crude fell below $80 per barrel, selling at $79.78 per barrel due to a $1.35 or 1.7 per cent loss amid worsening...
By Adedapo Adesanya Oil fell by $1 on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could...
