Tag: oil prices

The price of crude oil rose on the news of the output cut from Russia.

Futures for Brent crude, the global benchmark, dropped 2.9% to trade close to $81 a barrel, the lowest level since ...

For a country like Nigeria, which sells crude and buys refined fuel, the effects will not be as straightforward.

Aramco’s flagship Arab Light cargos for March was raised up by $0.60 per barrel to a total $2.80 per barrel ...

Brent crude fell 1 per cent.

Consultations by the OPEC+ oil association goes into overtime on Monday.

Brent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since January 8, 2020.

The rise follows fears of increased tension in the Middle East.

Two separate fires occur at Nigeria’s Qua Iboe crude oil export terminal and at an oil pipeline in Iran.

Mr Trump’s health update eased political uncertainty in global markets, pushing Brent up to $40.10 a barrel by 0613 GMT, ...

The world remained awash with crude and fuel supplies despite OPEC+ supply cuts and efforts to stimulate the global economy ...

A second extended wave of the coronavirus pandemic poses a risk for the oil market recovery.

Oil prices were offered some support by positive news on the development of COVID-19 vaccines.

It also expected global oil demand will recover through the end of 2021.

Brent crude futures for July delivery were trading up 33 cents, or 0.9 per cent, at $36.08 per barrel at ...

Brent crude futures for July delivery were up 23 cents, or 0.7 per cent, at $34.88 per barrel at 0347 ...

The lawmakers reconvened five weeks after it suspended legislative activities to curb the spread of Coronavirus.

The worst level since NYMEX opened oil futures trading in 1983.

News of the proposed meeting resulted in a rally in price on Friday, with Brent Crude for June delivery rising ...

The market capitalisation lost N277 billion on Monday amidst coronavirus pandemic and weaker oil prices.

Brent crude futures prices are used as benchmarks for future oil prices in Africa, Europe and the Middle East.

Brent crude futures jumped 2.9 per cent to $68.16 per barrel during Asian trading hours on Friday.

U.S. President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a signing ceremony for the ...

U.S.-China trade tensions continue to cloud the outlook for demand, with a December 15 deadline for the next round of ...

U.S. President Donald Trump said on Wednesday that the two countries were close to finalising a trade deal, but he ...