LONDON, March 7 (Reuters) – Oil prices spiked to their highest levels since 2008 on Monday amid market supply fears as the United States and European...
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $86.54 per barrel as at Monday, Jan....
The price of Brent crude has dropped by 3.43 percent to $36.64 per barrel on Monday after some European countries imposed another round of lockdown to...
Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up....
Crude oil prices rose on Tuesday despite double worries from new restrictions resulting from surging coronavirus cases which could threaten a recovery in fuel demand and...
When anxieties with the state of the economy rose, as Oil prices went South in 2015, I was struck by how we went from worry to...
When Muhammadu Buhari clinched victory in Nigeria’s presidential elections in March, stocks soared as investors looked to the former military ruler to reverse decades of economic...
Nigeria’s Minister of Petroleum Allison Madueke has announced the reduction in the Pump Price of Petrol from 97 to 87 Naira per liter.. Following the slide...
The Rivers State Governor, Mr. Rotimi Amaechi, said the federal monthly allocation to the state has been slashed by over 50 per cent. Amaechi, who disclosed...
Oil continued its downward slide on Tuesday, suggesting that US drivers enjoying low gas prices may see even more relief at the pump ahead. The price...
Oil prices have been on a freefall with the Brent Crude tumbling from 2014 peak of $112.42 on June 1, 2014 to its current price around...
Despite the spirited attempts by some officials to put a calm face on things, something is coming at us, and it is not pretty. It is...