Finances of IOCs Plunged Amid COVID-19 Pandemic in the Second Quarter Global leading oil companies suffered substantial losses in the second quarter, according to their various...
Value of Nigeria’s Petroleum Imports Hit $264.57bn in Five Years The Organisation of the Petroleum Exporting Countries (OPEC) has said Africa’s largest exporter of crude oil,...
Oil Prices Decline With Falling Demand Oil prices declined on Thursday after the US Energy Information Administration said oil inventories rose than expected in the week...
NNPC Raises Oil Selling Prices for August Following the recent surge in oil prices, the Nigerian National Petroleum Corporation (NNPC) has raised selling prices of Nigeria’s...
Oil Caps Gain as US Oil Inventories Rises Than Expected Last Week Oil prices halted its bullish run on Wednesday after data from a group known...
Crude Oil Rose Above $43 Per Barrel on Improved Demand Global oil prices surged on Wednesday as global demand for the commodity improved. The Brent crude...
FG Earns $206.06 Billion from Crude Oil Exports in Five Years The Organisation of the Petroleum Exporting Countries, OPEC, has said the Nigerian nation, Africa’s biggest...
Global Oil Prices Dipped on Friday as New COVID-19 Cases Jump Globally Global oil prices decline on Friday as the number of confirmed COVID-19 cases surged...
Brent Crude Oil Sustains Upsurge Despite Rising US Inventories Brent crude oil, against which Nigerian oil is priced, sustained its upsurge at $43 per barrel on...
Oil Rises to $43.68 Despite Concerns Over Rising COVID-19 Cases Oil prices rose on Monday during the London trading session to $43.68 per barrel despite growing...