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Tag "Crude Oil Prices"

NLC strike, CBN probe… 7 business stories to track this week

    NLC strike, CBN probe… 7 business stories to track this week

Here are the seven top business stories you need to track this week — July 31 to August 4. NLC PROTEST The Nigeria Labour Congress (NLC), last week gave the

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Oil price rises to $82 a barrel amid fears of global recession

    Oil price rises to $82 a barrel amid fears of global recession

Oil prices rose on Friday to $82 a barrel amid fears of a global recession.  Brent crude, the global oil benchmark, climbed 1.29 percent to $82.64 a barrel at 19:30

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Oil prices rise as OPEC sticks to planned monthly output

    Oil prices rise as OPEC sticks to planned monthly output

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to stick to the planned monthly oil output. OPEC disclosed this on Thursday at the end

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INSIGHT: Fix refineries, pump more oil… how Nigeria can benefit from high oil prices

    INSIGHT: Fix refineries, pump more oil… how Nigeria can benefit from high oil prices

Crude oil prices have surged above $100 a barrel on coordinated production quotas by the Organisation of the Petroleum Exporting Countries (OPEC) and Russia’s invasion of Ukraine. Oil price generally

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Rising oil prices not good for Nigeria, says Sylva

  Rising oil prices not good for Nigeria, says Sylva

Timipre Sylva, minister of state for petroleum resources, says the increase in prices of global crude oil is not good

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Oil prices rise as OPEC+ maintains monthly output increase

  Oil prices rise as OPEC+ maintains monthly output increase

Oil prices continued an upward trend on Monday after the Organisation of Petroleum Exporting Countries (OPEC) and its allies agreed

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Oil price tops $80 per barrel for first time in three years

  Oil price tops $80 per barrel for first time in three years

Oil prices continued to surge as Brent crude, global oil benchmark, climbed a three-year high amid increasing demand for the

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Crude oil prices surge amid China’s growing energy demand

  Crude oil prices surge amid China’s growing energy demand

Oil prices jumped on Tuesday after increasing energy demand from China, world’s second-largest oil consumer. As at 11:06 am, the

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Oil prices rebound on fears Suez Canal blockage may last weeks

  Oil prices rebound on fears Suez Canal blockage may last weeks

Oil prices surged more than four percent on Friday, over mounting fears that it will take weeks to refloat Ever

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OPEC: Gradual oil recovery expected in 2021 amid vaccine rollout

  OPEC: Gradual oil recovery expected in 2021 amid vaccine rollout

The Organisation of Petroleum Exporting Countries (OPEC) says the gradual rollout of vaccines around the world is a positive factor

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