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Tag "oil price"

Oil prices fall below $100 a barrel ahead of OPEC+ meeting

    Oil prices fall below $100 a barrel ahead of OPEC+ meeting

Oil prices fell on Tuesday ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+.  At 9.00 GMT+1, Brent crude plunged 0.37

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Oil price nears $110 a barrel amid fall in US inventories

    Oil price nears $110 a barrel amid fall in US inventories

Global oil prices rose amid a fall in the United States crude inventories. On Thursday, Brent crude futures, the global oil benchmark, increased 1.5 percent to trade at $108.3 a

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Oil price drops to $112 a barrel as China’s Shanghai reopens factories

    Oil price drops to $112 a barrel as China’s Shanghai reopens factories

Oil prices, on Tuesday, dropped slightly to $112 a barrel as factories in Shanghai prepared to reopen after a COVID-19 shutdown.  Brent crude futures, the global oil benchmark, fell 0.77

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Nigeria’s oil production dropped to 1.24m bpd in March — lowest so far in 2022

    Nigeria’s oil production dropped to 1.24m bpd in March — lowest so far in 2022

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says oil output dropped to an average of 1.24 million barrels per day (bpd) from 1.25 million in February 2022. NUPRC disclosed this

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Oil prices rise above $110 a barrel as EU weighs potential ban on Russian oil

  Oil prices rise above $110 a barrel as EU weighs potential ban on Russian oil

Oil prices, on Tuesday, climbed higher amid talks by some European Union members to ban Russian oil and attacks on

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Crude oil prices fall below $100 a barrel — lowest in three weeks

  Crude oil prices fall below $100 a barrel — lowest in three weeks

Oil prices, on Tuesday, plummeted over 6 percent amid hopes for progress to end Russia’s invasion of Ukraine. Brent crude,

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Oil prices fall below $110 a barrel amid diplomatic talks to end Ukraine war

  Oil prices fall below $110 a barrel amid diplomatic talks to end Ukraine war

Oil prices dropped three percent on Monday amid reinforced diplomatic efforts to end the Russia-Ukraine crisis.  At 09.08 GMT+1, Brent

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Earnings to take a hit as Nigeria’s oil production drops to 1.25m bpd

  Earnings to take a hit as Nigeria’s oil production drops to 1.25m bpd

Nigeria’s oil production dropped in February to an average of 1.25 million barrels per day (bpd) from 1.39 million the

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Oil price hits $130 amid potential ban on Russian oil

  Oil price hits $130 amid potential ban on Russian oil

Oil price, on Tuesday, surged to $130 a barrel amid oversupply fears triggered by a potential US and European ban

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OPEC+ sticks to modest output plans despite high oil prices

  OPEC+ sticks to modest output plans despite high oil prices

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to increase production by 400,000 barrels

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