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Oil Price tops $108 a Barrel Ahead of OPEC Meeting

Oil prices rose on Wednesday ahead of the periodic meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies.Brent crude futures, the...

Topical Oil Prices And Nigeria’ Economy

By Adefolarin A. OlamilekanThe global economy in recent times has demonstrated huge shock across continents and regions, with debilitating effects on humanity. Interestingly, the...

Oil prices jump as OPEC+ agrees to stick to planned output

Oil prices jumped Wednesday as the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed to stick to its planned...

Oil price plunges to $73 a barrel amid Omicron uncertainties

The price of crude oil dipped on Friday amid surging cases of Omicron coronavirus variant, raising concerns that new restrictions may affect fuel demand....

Oil Price Nears Three-year High, Trades at $78.09 a Barrel

A bit of good news came in for the Dollar-strapped Nigerian economy yesterday with the price of Brent crude rising to three-year high amid...

OPEC+ May Stick to Planned Output Hike on Oil Price Rebound

The Organisation of Petroleum Exporting Countries (OPEC) and its allies are expected to press on with their planned revival of oil production when they...

Oil price hits $60 per Barrel, highest in over 12 months

The international oil benchmark, Brent crude, extended its rebound on Monday, hitting the $60 per barrel mark for the first since the extent of...

Oil price falls again

Uncertainties caused by rising cases of coronavirus across nations and subsequent decline of the use of petroleum and other products have combined to impact...

Oil falls, heads for weekly decline as virus cases hit record

Oil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns...

Oil price gains as investors wait to see if coronavirus stimulus works

Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in...

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