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Tag "oil prices"

Oil prices near $80 a barrel ahead of OPEC+ meeting

    Oil prices near $80 a barrel ahead of OPEC+ meeting

Oil prices posted the first gain in 2022, edging towards $80 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries and its allies, known as

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N1trn in 10 months… how petrol subsidy payments put a dent on Nigeria’s revenue in 2021

The tenacious under-recovery of premium motor spirit (PMS), also known as petrol subsidy, created a messy revenue for the federation in 2021. Aside from the usual controversies about whether “to

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Oil price falls to $70 a barrel amid surge in Omicron COVID-19 variant cases

    Oil price falls to $70 a barrel amid surge in Omicron COVID-19 variant cases

Crude oil prices fell by 4 percent on Monday over rising cases of the Omicron coronavirus variant in Europe and the United States. Brent crude futures, the global benchmark, dropped

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Oil price tops $75 amid ease in Omicron COVID-19 variant concerns

    Oil price tops $75 amid ease in Omicron COVID-19 variant concerns

The global oil price climbed above $75 per barrel on Friday amid ease in concerns that the travel restrictions instigated by the Omicron variant of COVID-19 could lead to a

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Oil prices rise amid drop in US crude inventories

  Oil prices rise amid drop in US crude inventories

Oil prices rose on Wednesday after industry data showed a large drop in crude inventories of the United States, the

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OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

  OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

Crude oil prices have been on a tear on the back of gradual global recovery and vaccine roll out after

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Oil prices hit highest levels in years on improved demand

  Oil prices hit highest levels in years on improved demand

Oil prices continued an upward trend on Wednesday as confidence in the outlook continues to grow on the back of

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Oil price surges 5% after OPEC+ agrees to keep output unchanged

  Oil price surges 5% after OPEC+ agrees to keep output unchanged

Crude oil prices pushed higher on Thursday after the OPEC+ alliance surprised traders with its decision to keep production unchanged,

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Crude oil trades at $62 — highest in 13 months

  Crude oil trades at $62 — highest in 13 months

Oil prices jumped again by 2.49 percent on Friday, hitting a fresh 13-month peak, and surpassing the $60 high set

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Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

  Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

Nigeria’s revenue is set to get a boost as crude oil prices continued to rally on Tuesday, hitting the highest

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