Oil prices experienced a notable surge, reaching a one-month high as several global factors contributed to the bullish market sentiment. West Texas Intermediate (WTI) climbed above...
Brent crude oil, against which Nigerian crude oil is priced, declined by 0.6% decline to settle at $79.55 per barrel. The dip was attributed to growing...
Oil prices lost more ground on Monday as economic headwinds pressured the global oil demand outlook and offset geopolitical concerns in the Middle East and an...
Crude oil rose slightly on Friday morning as concerns over geopolitical tensions and supplied disruptions caused by cold weather in the U.S. overshadowed the slow Chinese...
Following consistent efforts by the Nigerian government to increase crude oil production and subsequently deepen foreign revenue generation, Nigerian oil production has risen to 1.418 million...
Oil prices declined by over $1 following reports that China, the world’s largest importer of the commodity, is struggling with growth. This coupled with the persistent...
Oil prices were mixed on Tuesday, after posting losses the previous session, as broad economic concerns outweighed continued tensions in the Middle East that led to...
On Monday, Brent crude oil, against which Nigerian oil is priced, appreciated by 0.2% to $78.42 a barrel as the uncertainty surrounding the risks in the...
Oil prices surged by over 2% following a series of reports that the United States and the United Kingdom carried out coordinated strikes on Houthi military...
Global oil prices surged by 2% on Tuesday following a combination of heightened tensions in the Middle East and a significant disruption in Libyan oil supply....
