Surging Omicron cases dragged on global oil prices amid concerns over the negative effect of new restrictions on oil demand. Brent crude, oil against which Nigerian...
Nigeria was unable to obtain any revenue from oil exports throughout the month of October, despite recording an average daily oil production of 1.4 million barrels...
Crude oil rose on the back of Saudi Arabia’s announcement that it has increased January oil prices to Asian and US customers. Brent crude oil, a...
The most recent monthly survey conducted by Reuters has revealed that the Organization of Petroleum Exporting Countries (OPEC) continued to increase its oil production in November...
Crude oil price could skyrocket to $150 a barrel when the world economy fully reopened, according to Christopher Wood, the Head of Equity Strategy at Jefferies,...
Oil prices tumbled more than 3% on Tuesday after Moderna’s CEO cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus variant, spooking financial...
Brent crude oil extended decline by over $10 on Friday on concerns that a new COVID variant called B.1.1.529 could force economies to impose restrictions and...
Concerns over rising new COVID variant in South Africa, Asia and other regions weighed on Brent crude oil and other financial assets on Friday. The heavily...
Following the damages done by AITEO leaking oil pipe to the people of Nembe community in Bayelsa state, the Federal Government has halted all operations in...
• CEO, Benny Peters Assures Affected Communities of Speed, Ecosystem Protection. Two weeks after a non-producing wellhead in the NembeLocal Government Area of Bayelsa State leaked...
