By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) has expressed optimism that in the next five years, crude oil refineries in the country...
By Adedapo Adesanya The oil market was down on Tuesday amid tight supply worries, a possible recession, and China’s COVID-19 curbs, causing the Brent crude to...
By Adedapo Adesanya Oil went south on Tuesday as the United States indicated that it will begin to ease some energy sanctions on Venezuela, causing the...
By Adedapo Adesanya Brent crude soared by $3.56 or 2.4 per cent to $114.20 per barrel on Monday on optimism that China’s lockdowns are coming to...
By Adedapo Adesanya Oil prices were down on Monday as the Chinese demand outlook was low amid continuous lockdowns, causing the Brent crude to drop 6.17...
By Adedapo Adesanya Brent crude futures gained 0.16 per cent or 15 cents on Wednesday to sell at $105.20 per barrel while the US West Texas...
By Adedapo Adesanya Nigeria’s crude oil production declined again, this time by 1.7 per cent to an average of 1.354 million barrels per day in March...
By Adedapo Adesanya The crude oil market on Friday shook off the initial concerns nursed after member states of the International Energy Agency (IEA) announced plans...
By Adedapo Adesanya The price of crude oil continued its southwards trajectory as it plunged by more than 4 per cent on Wednesday as large consuming...
By Adedapo Adesanya Oil prices plunged more than 5 per cent on Thursday as the United States government announced that it will release 1 million barrels...
