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Tag "Brent Crude"

Oil prices end gain streak, drop to $61

    Oil prices end gain streak, drop to $61

The recent gains recorded by global oil prices have slipped as the commodity has lost more than $2 in seven days. As at 11am on Wednesday, Brent crude, the international

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Oil prices hit two-year high amid supply cuts

    Oil prices hit two-year high amid supply cuts

Oil prices are on a two-year high with Brent crude peaking at $60.80 down from $60.91 per barrel on Tuesday. Nigeria’s budget benchmark for 2017 is $44.50 per barrel. Reuters reports

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Oil prices hit 2-month high, trades at $53

    Oil prices hit 2-month high, trades at $53

Oil prices hit a two-month high on Monday as a result of the tightening of US crude market and the threat of sanctions against OPEC-member, Venezuela. Brent crude futures traded

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At $44.5 oil benchmark, Nigeria’s 2017 budget may be at risk — before take-off

    At $44.5 oil benchmark, Nigeria’s 2017 budget may be at risk — before take-off

Declining oil prices may put the Nigeria’s 2017 budget at risk, as deficit will rise due to fall in oil revenue for a budget yet to be passed by the

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Oil prices rise ahead of meeting of OPEC and non-OPEC producers

  Oil prices rise ahead of meeting of OPEC and non-OPEC producers

Oil prices extended gains on Friday on optimism that non-OPEC producers would agree to cut output following a cartel agreement

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Oil prices begin decline less than a week after OPEC deal

  Oil prices begin decline less than a week after OPEC deal

Less than a week after the Organisation of Oil Exporting Countries (OPEC) agreed to a production cut for its members,

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Militants push oil price to $51 – highest in 8 months

  Militants push oil price to $51 – highest in 8 months

Oil prices jumped to the highest level in eight months on Wednesday due to ongoing supply disruptions in Nigeria and

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Oil prices crash to epic lows after US vote

  Oil prices crash to epic lows after US vote

Crude oil prices on the global market crashed on Monday to epic lows, as they beat 2008 global economic crisis

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Oil recovers towards $57 per barrel

  Oil recovers towards $57 per barrel

Brent crude oil reversed its recurring losses to trade back towards $57 a barrel on Tuesday, which is a good

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Is democracy only skin-deep? (2)

  Is democracy only skin-deep? (2)

Continuing from my last article on the above subject matter, a very interesting phenomenon has crept into our consciousness. It

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