Browsing: Crude Oil

Oil prices trended higher in the global commodities market as supply pressure eclipsed weak demand.  Brent rose above $72 per barrel after falling to three years

Nigeria’s crude oil production increased by 3.44% month on month to 1.352 million barrels per day (mbpd) in Augusts from 1.307 million barrels per day in July

Oil prices declined  following weak economic data from China, and the US, while growing expectations that the US Federal Reserve (Fed) will lower interest rates

Oil prices decreased during the week ending due to the recession fears in the US, while the OPEC+ group’s decision to delay a planned production increase,

Prices of crude oil rose on expectations that the OPEC+ group might postpone production increase next month.

The  Spokesperson for the Nigeria Customs Service (NCS), Abdullahi Maiwada, has said Nigeria’s crude oil production has  reached 1.66 million barrels per day.

Capt. Emmanuel Iheanacho, Chairman of Integrated Oil and Gas Ltd., emphasises the indispensable role of depot owners in Nigeria’s fuel supply chain

The crude oil market remained in the grip of bearish investors as demand concerns overshadow efforts by the Organization of the Petroleum Exporting Countries to

The Crude Oil Refinery-owners Association of Nigeria (CORAN) says the commencement of production of Premium Motor Spirit (PMS) by Dangote Refinery has

Oil prices sold off heavily in the global commodities market and this pressure has continued in early morning trading today.