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Tag "crude oil"

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 market may push crude oil prices up by $10 a

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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 world’s top oil consumer. Brent crude oil futures, global oil

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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 in 2021. This is according to the 2021 crude oil

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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 petroleum prices tumbling in 2020. The news is they are

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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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US calls on OPEC+ to increase production to crash oil prices

  US calls on OPEC+ to increase production to crash oil prices

The United States has called on the Organisation of Petroleum Exporting Countries and its allies known as OPEC+ to increase

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Oil plunges over 3% as fresh COVID-19 surge hits China

  Oil plunges over 3% as fresh COVID-19 surge hits China

Oil prices dropped on Monday amid rising concerns that new pandemic curbs in Asia, especially China, may dent the global

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Oil prices rise after steep drop in US inventory

  Oil prices rise after steep drop in US inventory

Oil prices rose after crude stockpiles in the United States, the world’s top oil consumer, fell to their lowest since

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Our technological future

  Our technological future

To say that our future will be driven by technology will be stating the obvious. Nevertheless, it appears Nigeria is

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