ECA Drops to $71.8m in One Month Excess Crude Account (ECA) declined from $324.96 million to $71.81 million in one single month just as foreign reserves...
Nigeria to Exhaust Oil Reserves in 49 years -DPR The Nigerian crude oil reserves of 37 billion barrels will run dry in 49 years at the...
OPEC Lowers Oil Demand by 230,000bpd Following Coronavirus outbreak that disrupted global business activities and Chinese economic situation, the Organisation of Petroleum Exporting Countries (OPEC) has...
FG Discovers One Billion Barrels of Oil in North East The Federal Government has discovered one billion barrels of untapped crude oil in the North East...
Oil Prices Surge Amid Reports of Coronavirus Drug Global oil prices surged by almost 4 percent on Wednesday following media reports that scientists have developed drugs...
Oil Price Drop Amid Coronavirus Outbreak Global oil price fell this week following outbreak of a new Coronavirus in Wuhan, China, the world’s largest importer of...
Novel Coronavirus to Hurt Oil Demand – Goldman Sachs The new coronavirus could impact global oil demand significantly in 2020, according to a projection by World’s...
Libya Unrest Pushes Oil Price to $65 Oil price hits $65.72 per barrel on Monday as two crude oil production bases began shutting down in Libya...
Oil Prices Rise Amid Trade Deal Global oil prices rose slightly during the Asian trading session on Thursday after the U.S and China signed the first...
Oil Prices Dip as Investors Doubt Effectiveness of Trade Deal Global oil prices declined on Wednesday during the Asian trading session as experts doubt the first...