Crude oil prices pushed higher on Thursday after the OPEC+ alliance surprised traders with its decision to keep production unchanged, signaling the potential of an even tighter market next month.
Tag "oil prices"
Oil prices jumped again by 2.49 percent on Friday, hitting a fresh 13-month peak, and surpassing the $60 high set earlier this week. Brent Crude, the international oil benchmark, traded
Nigeria’s revenue is set to get a boost as crude oil prices continued to rally on Tuesday, hitting the highest level in nearly 12 months. During early Tuesday trading, Brent
Oil prices on Wednesday touched its highest level since February on the back of Saudi Arabia’s production cut and United States (US) crude inventory decline. Brent crude, the international benchmark,
The African Export-Import Bank (Afreximbank) has predicted that oil prices will rise by 10 percent in 2021. This was contained
Babatunde Fashola, minister of works and housing, says the fall in the price of crude oil will not result in
Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the act of removing fuel subsidy from
Oil prices fell on Tuesday, erasing earlier gains, on fears that the recent spike in confirmed COVID-19 cases in the
Fitch, a global credit rating agency, says Nigeria’s medium-term growth outlook will be slowed down by “acute” supply shortages in
Lukman Otunuga, FXTM research analyst, says the naira will not benefit from a weakening dollar if oil prices keep declining
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