Nigeria Struggling to Sell Crude oil as Demand Tumbles Falling global demand for crude oil amid fast-spreading coronavirus has prevented Nigerian oil traders from finding buyers...
OPEC Working on Additional 1.5mbpd Cut The Organisation of the Petroleum Exporting Countries (OPEC) on Thursday has agreed to cap production by another 1.5 million barrels...
FG to Review 2020 N10.59trn Budget Amid Falling Oil Price Falling oil price amid fast-spreading coronavirus has forced President Muhammadu Buhari-led administration to commence the review...
Russia Says No to Deeper OPEC Cuts, Oil Drops The Organisation of the Petroleum Exporting Countries (OPEC) plans to deepen OPEC+ cuts by another 1.2 million...
Crude Oil Sustains Gain as OPEC Likely Cuts Upset Coronavirus Global oil prices on Tuesday sustained gains as investors are predicting that the Organisation of the...
Coronavirus: Oil Plunges to $48 as Global Risk Surges Oil price plunged to $48 a barrel on Friday as the world struggles with coronavirus outbreak. Brent...
ADM Energy to Acquire Additional Stake in Lagos Oilfield ADM Energy Plc announced it has entered into a sale and purchase agreement with EER(Colobus) Nigeria Limited...
Oil Price Dips to $51.2 as Coronavirus Spreads Outside China Global oil price declined from $57.97 a barrel recorded on Tuesday following the continuous spread of...
Oil Prices Slump on Monday as Coronavirus Spreads Crude oil prices fell on Monday as global investors and businesses fear the rising number of coronavirus victims...
Crude Oil Rises as China Moves to Boost Economy Global oil prices rose on Thursday to a month-high following China’s decision to stimulate its falling economy...