Browsing: oIL

Brent Crude Drops to $41.86/Barrel amidst Demand Pressure. Brent Crude price slides again Tuesday due to expectation of lower demand as driving season ends in the United States, one of the largest oil consumers in the world.

Brent Crude fell to $43.63, Sets for Biggest Drop Since June…

Brent Crude Price Drops Ahead of OPEC Technical Meeting. Ahead of schedule meeting of the Oil cartel, the price of crude dropped this morning amidst fear of second wave of coronavirus in China.

Oil supply cut will hurt Nigeria’s economy – Fitch Ratings. Fitch, an international rating, agency has stated that reduction in Nigeria’s oil supply into the market will affect growth, and impact on the nation’s external finances.

FG plans to amend 2020 budget oil benchmark to $20 to be halted

NNPC to engage private firm to run refinery, express interest in NLNG model

As Venezuela remains mired in the throes of a deep economic crisis …

Drop in oil price fails to shake Naira