By Adedapo Adesanya Crude oil prices dropped yet again on Wednesday as the Organisation of the Petroleum Exporting Countries (OPEC) revised downward its 2021 estimate for...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) still expects the global economy to accelerate in the second half of 2021, keeping its...
By Adedapo Adesanya Despite the shocks that plagued the oil market last year, a semblance of good news has materialised for Nigeria and other oil-producing nations...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has raised its 2021 oil demand growth forecast in the hopes that the coronavirus impact...
By Adedapo Adesanya Prices of crude oil went southwards on Wednesday as the Organisation of the Petroleum Exporting Countries (OPEC) revised down its 2021 forecast for...
By Adedapo Adesanya Crude oil pointed south on Tuesday as shaky global demand recovery took away the spotlight from a number of supportive developments such as...
By Adedapo Adesanya The oil market was down on Friday over concerns that demand in the world’s top oil importer, China, could falter amid rising COVID-19...
By Adedapo Adesanya Nigeria, among other oil-producing nations, still faces a tighter oil revenue as the Organization of the Petroleum Exporting Countries (OPEC) October Month Oil...
By Adedapo Adesanya Nigeria and other oil-dependent economies are facing a worsening situation as it appears that oil demand won’t see any improvement anytime soon. This...
By Adedapo Adesanya The International Energy Agency (IEA) lowered its global oil demand forecasts for the first time in several months as the number of COVID-19...
