Crude Oil Trades Mixed at Global Market Friday
By Adedapo Adesanya The prices of crude oil moved in different directions on Friday, December 27, on the back of several factors, with the
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Oil Rises Thursday Amid Global Economic Fears
By Adedapo Adesanya Brent oil rose on Thursday, withstanding pressure from concerns about economic growth, while a sharp fall in U.S. inventories boosted West
Oil Suffers as China Slams $75bn Tariffs on US Goods
By Adedapo Adesanya While the oil market was jittery awaiting a Fed hint at interest rate policy, China retaliated in the trade war with
Nigeria’s Oil Exports to Drop to 1.43m Barrels per day in July
By Modupe Gbadeyanka The volume of oil to be exported by Nigeria in the month of July is expected to drop to 1.43 million
Brent Crude Oil Hits $80 per Barrel Again
By Dipo Olowookere The price of the Brent crude oil traded at $80 per barrel on Tuesday afternoon after dropping from that level last
Nigerians Jubilate as Crude Oil Price Nears $80 per Barrel
By Dipo Olowookere Tensions in the Middle East are gradually pushing the price of Brent crude oil to around $100 per barrel. As at
NNPC, Mining Society Partner to Search for More Crude Oil Deposits
By Modupe Gbadeyanka Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Maikanti Baru, has expressed the readiness of the state-owned oil
Crude Oil Gains 2.8% to Trade $67 on Libya Pipeline Blast
By Dipo Olowookere The price of the Brent crude oil rose sharply on Tuesday by 2.8 percent after news of a pipeline explosion hit
Heritage Bank, US, NCMM Move to Make Creative Industry Alternative to Crude Oil
By Modupe Gbadeyanka Heritage Bank Plc is fast stimulating economic diversification through support for the Nigerian creative industry towards sustainable, persistent growth as alternative
NPDC to Raise Output to 500,000 bpd by 2020
By Dipo Olowookere The Nigerian Petroleum Development Company (NPDC) has promised to raise the country’s crude oil output to 500,000 barrels per day by
