Tuesday, March 28, 2023
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Tag "oil price"

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, Buhari said the average oil price from 1999 to 2019

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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 increased 0.15 percent to $78.81 a barrel at 10.00 GMT+1.

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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 24 hours after Brent crude hit a 2022 low of

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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 barrel per day production output. The group made the decision

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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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Oil price falls below $95 a barrel as China broadens COVID-19 restrictions

  Oil price falls below $95 a barrel as China broadens COVID-19 restrictions

Oil prices fell on Friday, after world’s top crude importer, China, widened its COVID-19 restrictions. Brent crude, global oil benchmark,

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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,

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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

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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

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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

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