Monday, December 6, 2021
MARKET UPDATE

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Tag "crude oil"

AfCFTA will improve Africa’s ability to respond to future pandemics

    AfCFTA will improve Africa’s ability to respond to future pandemics

BY NICHOLAS ADERINTO Global trade has suffered since the beginning of the COVID-19 pandemic. The continent has found itself in a difficult position due to its heavy reliance on trade

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Report: Nigeria’s oil production rises by 170,000 bpd in September — highest output in 2021

    Report: Nigeria’s oil production rises by 170,000 bpd in September — highest output in 2021

Nigeria’s crude oil output rose by 170,000 barrels per day (bpd) in September 2021, signalling revenue increase and more reserves to solve the country’s forex crisis. This is the outcome

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OPEC: Oil will continue to be leading energy source for decades

    OPEC: Oil will continue to be leading energy source for decades

The Organisation of Petroleum Exporting Countries (OPEC) says crude oil will continue to be the leading source of energy for decades. Brent crude, the global oil benchmark, climbed to $80 per

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FG sets up panel to recover illegally-refined crude oil

    FG sets up panel to recover illegally-refined crude oil

The federal government has inaugurated an inter-ministerial committee to tackle the illegal refining of crude oil in the Niger Delta. Members of the committee are drawn from the ministry of

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Mele Kyari: Gas crisis may increase oil prices by $10

  Mele Kyari: Gas crisis may increase oil prices by $10

Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the supply crisis affecting the natural gas

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Oil prices rise amid drop in US crude inventories

  Oil prices rise amid drop in US crude inventories

Oil prices rose on Wednesday after industry data showed a large drop in crude inventories of the United States, the

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Nigeria’s oil production drops to 1.2m b/d in August — lowest in 2021

  Nigeria’s oil production drops to 1.2m b/d in August — lowest in 2021

Nigeria’s oil production dropped to an average 1.23 million barrels per day in August, representing the lowest figure recorded yet

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So the oil industry is about to come to an end?

  So the oil industry is about to come to an end?

The first pandemic of this century is the COVID_19 pandemic. Amongst other things, it precipitated a price war that sent

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Oil price falls for sixth consecutive day amid spike in fresh COVID-19 cases

  Oil price falls for sixth consecutive day amid spike in fresh COVID-19 cases

Crude oil prices have dropped for the sixth consecutive day — longest losing streak since February 2020 — amid spike

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Oil prices drop to one-week low amid declining output in China

  Oil prices drop to one-week low amid declining output in China

Crude oil prices dropped by a week low amid a decline in refining output in China and fresh outbreaks in

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