Sunday, August 14, 2022
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Tag "Brent Oil"

REVEALED: How oil thieves are raking in ‘petrodollars’ on high seas while FAAC flounders

    REVEALED: How oil thieves are raking in ‘petrodollars’ on high seas while FAAC flounders

Oil producers in Nigeria say the negative impact of illegal oil bunkering is eroding gains, calling on the federal government to tackle the menace in the Niger Delta. In a

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Nigeria’s oil revenue gets boost as Brent crude hits $75

    Nigeria’s oil revenue gets boost as Brent crude hits $75

Brent crude, the global oil benchmark, has crossed the $75 mark — highest level since April 2019 —  in what is a potential boost to Nigeria’s oil export revenue. The

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Oil prices decline after surge in US gasoline stocks

    Oil prices decline after surge in US gasoline stocks

Crude oil prices fell on Thursday after official figures showed a significant increase in gasoline inventories of the United States. Analysts and market watchers are also concerned about decline of

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Oil prices hit $50 on COVID-19 vaccine rollout

    Oil prices hit $50 on COVID-19 vaccine rollout

Oil prices touched their highest level since March on Thursday, as hopes of swifter-than-thought vaccine rollout fueled bullish expectations of strengthening oil demand early next year. As at Thursday afternoon,

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Oil prices rise as Saudi-Yemen crisis lingers

  Oil prices rise as Saudi-Yemen crisis lingers

Oil prices rose as the Saudi-Yemen conflict resumed with bombings raising concern about global oil supply. Saudi-led coalition warplanes bombed

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Oil rises above $60 per barrel

  Oil rises above $60 per barrel

For the first time in 2015, the price of oil rose above $60 per barrel on Friday, bringing gains to

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Oil price recovers as dollar weakens against euro

  Oil price recovers as dollar weakens against euro

Oil prices steadied above 48 dollars a barrel on Tuesday, recovering from earlier losses as the dollar weakened against the

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For first time in 5 years, brent oil falls to $50 per barrel

  For first time in 5 years, brent oil falls to $50 per barrel

Brent crude oil prices fell below $50 a barrel on Wednesday, the lowest in five years. Although prices later went

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