Browsing: oIL

Oil prices jumped in the global commodities market on Thursday following another sanction slammed on Russia by the European Union (EU).

The Organisation of Petroleum Exporting Countries (OPEC) crude oil production increased by 0.5%, 104,000 barrels per day (bpd), in November to average 26.66 million bpd, according to OPEC’s monthly oil market report released on Wednesday.

Crude Oil Prices Rise over Positive Demand Expectations Oil prices jumped higher on Wednesday in the global commodity market due…

Prices of crude oil edged higher across various grades in the global commodities market amidst buckets of uncertainties. Tensions in the Middle East persisted while weak economic data in China, and U.S suggest demand level would be put in check.

Naira Slides to N1538/$ Despite Exporters FX Boost The naira slid to N1538 in the Nigerian autonomous foreign exchange (FX)…

Oil Prices Decline as Market Weigh OPEC+ Decision Oil prices dipped again in the global commodities market due to weak…

Crude oil prices slumped in the global commodities market on Thursday due to a weak demand outlook in China and United States.

The prices of crude oil increased further in the global market ahead of the Organisation of Petroleum Exporting Countries and Allies producers (OPEC+) meeting on Thursday. 

Energy Transition: Nigeria to Focus on Africa for Oil – Minister Nigeria is to harness its oil reserves and pursue…

Oil Prices Climb Ahead of U.S. Fed Rates Cut Oil prices climbed in the global commodities market on Tuesday amidst…