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Tag "crude oil price"

FG sets 2024 crude oil benchmark at $73.96, exchange rate at N700/$

    FG sets 2024 crude oil benchmark at $73.96, exchange rate at N700/$

The federal executive council (FEC) has projected that Brent crude oil price will depreciate and the naira will recover significantly against the dollar in 2024. Atiku Bagudu, minister of budget

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Report: Hedge funds troop to oil market, project price increase to $100 a barrel 

    Report: Hedge funds troop to oil market, project price increase to $100 a barrel 

Hedge funds are piling into the oil market, betting that prices will soon exceed $100 a barrel, the Financial Times (FT) is reporting. Hedge funds pool money from investors and

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Fintech cybersecurity summit, CIT report … 7 top business news to track this week

    Fintech cybersecurity summit, CIT report … 7 top business news to track this week

Here are the seven top business news you need to track this week — November 28 to December 2. FINTECH CYBERSECURITY AND FRAUD SUMMIT The Economic Forum series will hold

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OPEC cuts oil demand growth forecast over low production, fears of global recession

    OPEC cuts oil demand growth forecast over low production, fears of global recession

The Organisation of Petroleum Exporting Countries (OPEC) says there will be a cut in its global oil demand growth forecast for 2023 over fears of global economic recession. The global

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Diesel price hits N625 per litre amid oil market pressure

  Diesel price hits N625 per litre amid oil market pressure

The price of automotive gas oil, also known as diesel, has hit N625 per litre in some fuel stations. This

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Brent crude hits $102 a barrel — first time since September 2014 amid Russia-Ukraine crisis

  Brent crude hits $102 a barrel — first time since September 2014 amid Russia-Ukraine crisis

Oil price, on Thursday, rose to $102 a barrel, for the first time since September 2014, with escalating tensions between

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Oil prices near $100 a barrel amid Russia-Ukraine crisis

  Oil prices near $100 a barrel amid Russia-Ukraine crisis

Global oil prices trade near $100 per barrel on supply disruption worries as tensions between Russia and Ukraine escalated. The

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Oil price rises to $95 a barrel amid Russia-Ukraine tensions

  Oil price rises to $95 a barrel amid Russia-Ukraine tensions

Brent crude oil rose to $95 a barrel for the first time since October 2014 amid rising tensions between Russia and

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Oil price hits $85 a barrel — first time in three years

  Oil price hits $85 a barrel — first time in three years

Brent oil, the global benchmark, has crossed the $85 mark — the highest level since October 2018 — in what

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Nigeria’s oil production rises by 0.8% to 1.25m b/d in September

  Nigeria’s oil production rises by 0.8% to 1.25m b/d in September

Nigeria’s oil production increased marginally in September to an average of 1.25 million barrels per day from 1.24 million the

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