By Adedapo Adesanya Last week saw major crude futures, Brent Crude and West Texas Intermediate (WTI), closing below $50 per barrel, signalling the worst performance for...
By Adedapo Adesanya The Department of Petroleum Resources (DPR) has disclosed that Nigeria’s crude oil deposit could be exhausted in five decades from now. This was...
By Adedapo Adesanya Prices of crude oil prices fell on Friday as worries over the coronavirus plaguing the oil market resumed its effect on demand. At...
By Adedapo Adesanya Prices of crude oil lost earlier gains on Tuesday despite considerations of the Organisation of the Petroleum Exporting Countries (OPEC) of exploring options...
By Adedapo Adesanya With over 2,800 cases of the Wuhan coronavirus confirmed, oil prices continued steady declines, falling to its lowest in three months as demand...
By Adedapo Adesanya Prices of crude oil at the global market increased on Tuesday after five consecutive days of losses. The gains posted yesterday was helped...
By Adedapo Adesanya The prices of crude oil moved in different directions on Friday, December 27, on the back of several factors, with the main being...
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 Texas Intermediate...
By Adedapo Adesanya While the oil market was jittery awaiting a Fed hint at interest rate policy, China retaliated in the trade war with the U.S.,...
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 barrels per...