Brent crude oil, the international benchmark for oil Nigerian oil, declined by $2.16, or 2.6% to $81.47 a barrel during the Asian trading session after previously...
We're seeing subdued trading at the end of the week, with the absence of the US leaving markets lacking any notable direction.
The ECB balance declined from $4.1 billion recorded in November 2014 to $472,513
The Group of Seven (G7) proposed to cap Russian crude oil at $65-$70 a barrel
Nigeria's current oil reserves stood at 37 billion barrels
Lower U.S. oil inventories recorded last week bolstered global oil prices
The oil economy declined by -11.8% y/y in Q2 ’22 compared with 6.6% y/y recorded in Q1 ’22
Oil prices are bouncing back as OPEC+ members continue to reject reports of an output hike at the next meeting.
The ripple effects of the FTX debacle continue to flow through the crypto industry revealing other vulnerabilities and weighing heavily on prices even amid a broader...
Nigeria's oil production increased to 1.02 million barrels per day in October 2022.