Oil prices remained relatively unchanged on Thursday as investors awaited the outcome of an eagerly anticipated OPEC+ meeting, which could potentially result in deeper supply cuts...
Oil prices maintained their significant gains as traders anticipate the outcome of a crucial OPEC+ meeting on supply while considering signals from the Federal Reserve regarding...
Market Evaluates OPEC+ Decision Amidst Bearish Sentiment and Global Supply Worries
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been quite a calm start to the week which isn’t entirely surprising given the lack...
Global oil prices experienced a fourth consecutive day of decline as traders anticipated the delayed OPEC+ meeting later this week, coupled with a prevailing risk-off sentiment...
Oil prices dipped by 1% on Thursday as OPEC+ unexpectedly postponed its scheduled meeting on production cuts. Brent crude oil, against which Nigerian oil is priced,...
Nigeria’s rig count, a crucial metric indicating the level of activity in the upstream sector, experienced a month-on-month decline of 13.3 percent, falling from 15 in...
Crude oil pulled back on Tuesday as investors remain cautious ahead OPEC+ meeting scheduled for Sunday. Brent crude oil, against which Nigerian oil is priced, shed...
Oil prices surged on Monday amid expectations that OPEC+ might deepen supply cuts to stabilize prices. Brent crude oil, against which Nigerian oil is priced, rose...
Oil prices plummeted around 5% on Thursday as concerns over global oil demand following discouraging economic data from the U.S. and Asia intensified. Brent crude oil,...
