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...
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...