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Tag "Brent Crude"

Demand optimism drives crude oil above $70

    Demand optimism drives crude oil above $70

Brent crude, the global oil benchmark, on Tuesday, topped $70 per barrel on the back of an improved demand outlook. The global benchmark added as much as 1.1 percent reaching

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Crude oil prices surge amid China’s growing energy demand

    Crude oil prices surge amid China’s growing energy demand

Oil prices jumped on Tuesday after increasing energy demand from China, world’s second-largest oil consumer. As at 11:06 am, the price of Brent crude, the grade at which Nigeria’s crude

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REWIND: 12 days ago, NNPC said there’d be no fuel price hike in March

    REWIND: 12 days ago, NNPC said there’d be no fuel price hike in March

While men — and women — slept, the Petroleum Products Pricing Regulatory Agency (PPPRA) quietly increased the pump price of petrol to N212.61 per litre. Nigerians woke up on Friday

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Crude oil price crosses $70 after missile attack on Saudi Arabian facilities

    Crude oil price crosses $70 after missile attack on Saudi Arabian facilities

The price of Brent crude, the grade against which Nigeria’s crude oil is benchmarked, has crossed $70. The US West Texas Intermediate (WTI) was also trading at $66.88 per barrel.

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Crude oil hits $68 as Goldman Sachs projects prices may rise to $80 by Q3

  Crude oil hits $68 as Goldman Sachs projects prices may rise to $80 by Q3

The price of Brent crude, against which Nigeria’s crude oil is priced, has risen to $68.03 per barrel following the

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Goldman Sachs: Brent crude price may hit $75 per barrel by Q3 2021

  Goldman Sachs: Brent crude price may hit $75 per barrel by Q3 2021

Goldman Sachs, a US investment bank and financial services company, has projected that oil prices will rebound to $75 by

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Crude oil trades at $62 — highest in 13 months

  Crude oil trades at $62 — highest in 13 months

Oil prices jumped again by 2.49 percent on Friday, hitting a fresh 13-month peak, and surpassing the $60 high set

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Another petrol price review? All eyes on PPPRA as crude oil hits $60

  Another petrol price review? All eyes on PPPRA as crude oil hits $60

Analysts and market watchers are anticipating an increase in the retail price of petrol in fuel stations across Nigeria. This

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Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

  Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

Nigeria’s revenue is set to get a boost as crude oil prices continued to rally on Tuesday, hitting the highest

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Oil prices hit 11-month high on Saudi oil cut

  Oil prices hit 11-month high on Saudi oil cut

Oil prices on Wednesday touched its highest level since February on the back of  Saudi Arabia’s production cut and United

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