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Tag "oil price"

Rewane: Nigeria’s economy will be vulnerable to supply chain, oil price shocks in 2024

    Rewane: Nigeria’s economy will be vulnerable to supply chain, oil price shocks in 2024

Bismarck Rewane, chief executive officer (CEO), Financial Derivatives Company, says Nigeria will be vulnerable to external shocks in 2024, especially global oil prices and supply chain shocks. Rewane made this

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Houthi attacks: Oil price rises by 3% as BP halts shipments via Red Sea

    Houthi attacks: Oil price rises by 3% as BP halts shipments via Red Sea

Brent crude oil price rose by 3.16 percent on Monday amid reports BP, a British oil and gas company, halted all shipments through the Red Sea. The decision was made

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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

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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

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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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