Browsing: oIL

Oil, Gas Index Rises Sharply as Oando Gains 508% in 2024 Oil and gas index led the sectoral gain in…

Oil Rises Amidst Demand, Supply Imbalance Oil prices rose in the global commodities market on Monday amidst demand and supply…

Crude oil prices increased in the global commodities market on Thursday on China’s positive demand expectation.  Brent crude price climbed to $73.25 per barrel while the US benchmark West Texas Intermediate (WTI) also edged higher to $70.1 per barrel.

Navy Intercepts Boat Laden with 100,000 litres of Stolen Crude Oil in Ondo The Nigerian Navy, Forward Operating Base (FOB),…

The Democratic Front (TDF) says the announcement of a five billion dollar Bonga North Deep Offshore field

Oil prices climbed in the global commodities market on Monday on lower than expected inflation data while the U.S. dollar eased.

Crude oil extended its fall as broader market concerns have weighed on the complex, while a stronger dollar has also added further pressure.

Oil Prices Rebound on U.S, China Demand Expectations Oil prices edged higher on Thursday on a positive demand outlook in…

The global commodities market saw a decline in oil prices as the US dollar rose above its two-year high following the Fed’s rate cut.  Brent declined around $72 per barrel while US WTI plunged below $69 per barrel as dollar gain overshadowed 25 basis points Fed funds rates cut.

Oil prices dipped on Tuesday in the global commodity market as demand pressures persist due to weak economic data and the U.S. amidst more sanctions on Russian tankers by the European Union.