Nigeria struggles to ramp up crude oil production in the month of May despite rising oil prices, the latest report from the Organization of the Petroleum...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA We’re seeing a modest recovery in equity markets ahead of some key central bank meetings but...
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...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA We’re seeing no shortage of risk-aversion in European markets at the end of the week while...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA European stocks are tumbling on Thursday as the ECB laid the groundwork for multiple rate hikes...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Stock markets have endured another negative day in Europe as investors await tomorrow’s hotly-anticipated ECB meeting....
Global crude oil prices appeared stable on Tuesday morning as the market balanced risk sentiment with supply concerns and the prospect of higher demand as China relaxes...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Stock markets are off to a decent start this week with Europe posting almost 2% gains...
The GMD, Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari has said President Muhammadu Buhari will unveil a commercial National Oil Company. He stated this on...
The Organisation of Petroleum Exporting Countries (OPEC) has increased the oil supply by petroleum exporting countries by 0.648 million per day in July, owing to the...