Oil benchmark Brent surged above $88 a barrel on Wednesday as concerns over escalating conflicts in the Middle East took center stage and overshadowed worries about...
Brent crude price surged to $88.15 a barrel following a series of brazen attacks by Hamas militants on southern Israel. This significant jump, amounting to a...
On Thursday, oil prices saw a modest decline in the face of disappointing economic indicators from major economies worldwide. Investors are holding their breath for U.S....
Brent crude oil edged lower by 8 cents to settle at $84.38 per barrel in the early hours of Tuesday while the U.S. West Texas Intermediate...
Nigeria’s crude oil output declined by 12.56% in the month of July to 1.29 million barrels per day (bpd) from 1.48 million bpd in June. The...
In a startling turn of events, Brent crude oil finds itself on a tumultuous path, heading towards its most significant quarterly losses in over three decades....
Brent crude oil lost $4.34 from the $97.23 a barrel it traded in the early hours of Monday
The global economy took another hit on Wednesday after U.S data revealed that inflation rose to 9.1% in the world's largest economy in the month of...
Brent crude oil, against which Nigerian oil is priced, appreciated by 0.9% to $123.21 per barrel at 12:00 pm Nigerian time amid concerns over tight global...
The Central Bank of Nigeria’s (CBN) data for last month shows that Nigeria’s foreign reserves plunged to $38.54 billion as of May 27, 2022, the lowest...