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Tag "crude oil price"

Crude oil prices decline over rise in COVID-19 Delta variant cases

    Crude oil prices decline over rise in COVID-19 Delta variant cases

Crude oil prices fell for the third consecutive day on Wednesday over concerns about rising cases of the COVID-19 delta strain in top consuming countries. Brent crude, the international benchmark,

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Oil prices plunge below $70 on fears COVID-19 Delta variant will dent demand

    Oil prices plunge below $70 on fears COVID-19 Delta variant will dent demand

Oil prices tumbled below $70 as traders grappled with the demand implications of COVID-19 Delta variant spreading globally, as some countries plan reintroduction of lockdown measures to curb the highly

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OPEC+ agrees to increase oil production by 400,000bpd

    OPEC+ agrees to increase oil production by 400,000bpd

The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have agreed to increase production by 400,000 barrels per day. The group made the decision at the 19th

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Crude oil price falls below $60 amid fresh lockdown in Europe

    Crude oil price falls below $60 amid fresh lockdown in Europe

Crude oil prices dropped below $60 on Tuesday after some European countries imposed fresh lockdowns to curb the spread of COVID-19. It is anticipated that fresh lockdowns and slow vaccine

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Oil prices in five-day losing streak on US inventory surge

  Oil prices in five-day losing streak on US inventory surge

Oil prices dropped on Thursday to extend their losing streak to the fifth day after a sustained rise in United

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UPDATED: May oil never rise again, says Ogbeh

  UPDATED: May oil never rise again, says Ogbeh

While many have been lamenting the effect of the fall in the global prices of crude oil, Audu Ogbeh, minister

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NOI: Nigeria well-prepared for falling oil prices

  NOI: Nigeria well-prepared for falling oil prices

Ngozi Okonjo-Iweala, coordinating minister of the economy and minister of finance, disclosed on Thursday that the federal government had already

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