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Tag "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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Brent crude reaches $97 a barrel amid fears of tight global oil supply

    Brent crude reaches $97 a barrel amid fears of tight global oil supply

Oil price, on Thursday, jumped to $97 a barrel.  The price of Brent crude, global oil benchmark, jumped 3.6 percent to $97 a barrel — up from the $94.30 the

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CBN governor nominees, food prices… 7 business stories to track this week

    CBN governor nominees, food prices… 7 business stories to track this week

Here are the seven top business stories you need to track this week — September 18 to September 22. TINUBU NOMINATES NEW CBN GOVERNOR, DEPUTIES President Bola Tinubu has nominated

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Oil price rises to $77 a barrel — first time in six weeks

    Oil price rises to $77 a barrel — first time in six weeks

Oil prices rose marginally on Friday amid supply concerns in the global oil market. Brent crude rose by 1.7 percent to reach $77 a barrel — the first time since

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Oil price rises to $86 a barrel as IEA forecasts record-high demand

  Oil price rises to $86 a barrel as IEA forecasts record-high demand

Oil prices increased on Friday, after the International Energy Agency (IEA) predicted that a record-high global demand would be reached

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FACT CHECK: No, oil price wasn’t $100 per barrel between 1999 and 2019 as Buhari claimed

  FACT CHECK: No, oil price wasn’t $100 per barrel between 1999 and 2019 as Buhari claimed

On Monday, President Muhammadu Buhari commissioned the Dala inland dry Port in Kano state.  In his address at the ceremony,

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Oil price rises to $78 a barrel amid hopes of increased China demand

  Oil price rises to $78 a barrel amid hopes of increased China demand

Oil prices rose on Friday on hopes that China, the world’s largest crude importer, would increase its demand. Brent crude

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Oil price falls to $75 a barrel — first time in one year

  Oil price falls to $75 a barrel — first time in one year

Oil price fell to $75 a barrel on Thursday for the first time in over a year. The development comes

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OPEC+ agrees to keep 2m bpd production quota

  OPEC+ agrees to keep 2m bpd production quota

The Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed to maintain the current 2 million

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Brent crude rises to $85 a barrel as market awaits OPEC+ output cuts

  Brent crude rises to $85 a barrel as market awaits OPEC+ output cuts

Oil prices rose on Tuesday as investors weighed a potential output adjustment from the Organisation of the Petroleum Exporting Countries

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