Brent Hits $114 as China Eases Lockdown
Adedapo Adesanya By Adedapo Adesanya Brent crude soared by $3.56 or 2.4 per cent to $114.20 per barrel on Monday…
Crude oil
Weaker Chinese Demand Outlook Slashes Oil Prices by 6%
By Adedapo Adesanya Oil prices were down on Monday as the Chinese demand outlook was low amid continuous…
Brent Remains Positive on Moderate US Stockpile Build
By Adedapo Adesanya Brent crude futures gained 0.16 per cent or 15 cents on Wednesday to sell at…
Nigeria Suffers 1.7% Fall in Crude Oil Production
By Adedapo Adesanya Nigeria’s crude oil production declined again, this time by 1.7 per cent to an average…
Crude Oil Prices Rise as Strategic Reserves Release Fears Wane
By Adedapo Adesanya The crude oil market on Friday shook off the initial concerns nursed after member states…
Crude Oil Dips 4% on IEA Members’ Latest Move
By Adedapo Adesanya The price of crude oil continued its southwards trajectory as it plunged by more than…
Oil Slides 5% as US Releases More Oil, OPEC+ Retains Quota Plans
By Adedapo Adesanya Oil prices plunged more than 5 per cent on Thursday as the United States government…
Crude Oil Rises as West Threatens Fresh Russian Sanctions
By Adedapo Adesanya The threat by the West to impose fresh sanctions on Russia on Wednesday triggered over…
Nigeria Exports N14.41trn Crude Oil in 2021—Report
By Adedapo Adesanya Crude oil valued at N14.41 trillion was exported out of Nigeria in 2021, a report…
Crude Oil Slides 2% as EU Wrangles over Russian Embargo
By Adedapo Adesanya Crude oil prices dropped more than 2 per cent on Thursday as the European Union…