Global uncertainty trailing the Russia-Ukraine war continued to dictate the price of crude oil and its volatility. The Brent crude oil, the global benchmark for Nigerian...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Stock markets are making decent gains on Tuesday, bouncing back quickly from the disappointment late Monday...
Not only will addiction to fossil fuels drive the world’s “mutually assured destruction,” it could also hit your investment portfolio, warns the CEO of one of...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been quite a flat start to the week in equity markets, with Europe posting marginal...
Apart from retaining its position amongst the leading oil and gas producers in Africa in 2022, Nigeria, with over 37 billion barrels of crude oil reserves,...
EU Considers Imposing Sanctions on Russian Crude Oil.
Crude oil extended its decline on Tuesday as Russia reportedly show it favour Iran nuclear deal resuming as soon as possible.
Weak foreign revenue generation despite the surge in oil prices continues to drag on Nigeria's foreign reserves.
The Nigerian Agip Oil Company (NAOC) had on Monday, 14th March, declared a Force Majeure on expected oil output at its Brass terminal in Yenagoa. This...
Global oil prices extended their declines on Monday, largely on the back of diplomatic efforts to end the ongoing war in Ukraine. Sources from the two...