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...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Oil markets are on the move this morning, with oil prices dipping by 2.0% in early trading...
Russia’s state-owned gas supplier, PJSC Gazprom has said it would halt gas supply to Denmark’s Orsted and Shell for its contract to supply gas to Germany...