Tag: Crude oil prices

According to the minister, it is to support development projects amid improving investor confidence and rising crude oil prices.

Countries belonging to the International Energy Agency have agreed to release 400 million barrels of emergency oil reserves to stabilise ...

The reduction is part of the market’s response to recent fluctuations in global crude oil prices.

The company explained that as crude oil remains the primary input in the production of petrol, any fluctuation in its ...

The index tracks the international prices of the most commonly traded food commodities.

The oil cartel urged all participating countries to adhere to the directives

The prices fell more than 1 per cent, ending three days of gains. Brent crude futures for October settlement declined ...

Brent crude reached a two-month high last week, trading at $86.06 per barrel as of press time Tuesday morning.

The rise is forecast to continue.

The benchmark lending rate stays at 11.5 per cent.

World stocks also rose on Friday as expectations grew for further stimulus by central banks.

The global economic outlook and prospects for growth in fuel demand have been clouded by poor economic data in China ...

The jump in Brent prices makes U.S. oil exports more attractive.

An explosion at a U.S. oil rig and reduced exploration activity also supported prices there.

Tuesday is the first trading day of 2017.

With new level currently below $62 per barrel, government appears under a fresh pressure to further adjust the proposed benchmark ...

The resolution by OPEC to keep production quotas at 30 million barrels per day may have failed to halt the ...

The minister says the country could only be considered broke if government it's unable to pay salaries to workers.

FBN held its 3rd annual investor conference in Lagos Analysts at FBN capital say they expect a modest multiple expansion ...