Oil extended losses after Saudi Arabia cut crude prices for Asian buyers, raising the prospect of fierce competition among sellers as the resurgence of Covid-19 continues...
Brent crude oil gained 13 cents or 0.2 percent to $73.16 a barrel on Friday as at 10:27 am Nigerian time ahead of U.S Non-farm Payrolls...
Oil prices rose on Wednesday before an OPEC+ meeting at which the producer club is expected to stick to a plan to add 400,000 barrels per...
Crude oil prices fell on Monday, this was followed by the rumors of damage caused by Hurricane Ida in the Gulf of Mexico eased a little....
Crude oil futures were higher in mid-morning trade in Asia Aug. 30 after Hurricane Ida forced the shutdown of more than 95% of the Gulf of...
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from...
Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC) has said that the Dangote Refinery must buy at least 300,000 barrels per...
Brent crude oil extended its bullish run above $71 a barrel following reports that a fire outbreak killed oil workers on an oil platform operates by...
Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5% as new...
Oil dropped to $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as COVID-19 cases rise, a stronger U.S. dollar...
