Crude Oil Prices Rise on Positive US Data Signals
Adedapo Adesanya By Adedapo Adesanya Crude oil prices appreciated on Thursday after US economic data eased fears of a recession…
Crude oil
Oil Prices Drops on US Stockpile Rise, Easing Middle East Tensions
By Adedapo Adesanya Oil prices went down on Wednesday after US crude inventories rose unexpectedly as worries that…
Edun, Kyari, Others Meet on Crude Oil Sale in Naira Directive
By Adedapo Adesanya The Minister of Finance, Mr Wale Edun, has met with key stakeholders in the oil…
Brent Nears $80 on Positive Economic Data, Rate Cut Hopes
By Adedapo Adesanya Brent crude neared the $80 per barrel territory on Friday, helped by positive economic data…
Dangote Still Unable to Source Crude Locally
By Adedapo Adesanya Dangote Petroleum Refinery Limited has insisted that it has been unable to secure its full…
Nigeria Loses $1,000 per Barrel of Exported Crude Oil—Expert
By Adedapo Adesanya Nigeria is losing $1,000 on every barrel of crude oil it exports due to a…
Major Crude Oil Grades Lose 2% on Middle East Crisis, Demand Concerns
By Adedapo Adesanya The major crude oil grades in the market, Brent and the US West Texas Intermediate…
Oil Market Jumps on Heightened Middle East Tension, Drop in US Stockpiles
By Adedapo Adesanya The oil market rose by nearly 3 per cent on Wednesday as investors worried that…
Brent Drops Below $80 as Israel Avoids Broader Middle East Conflict
By Adedapo Adesanya Brent crude fell below $80 per barrel, selling at $79.78 per barrel due to a…
Oil Slides on Faltering Chinese Demand, Gaza Ceasefire
By Adedapo Adesanya Oil fell by $1 on Friday, finishing the week lower on declining Chinese demand and…