Tuesday, May 21, 2024
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TheCable

Tag "oil"

Niger Delta Avengers claim fresh attack on NNPC pipeline

    Niger Delta Avengers claim fresh attack on NNPC pipeline

The Niger Delta Avengers has, again, blown up a trunking belonging to the Nigerian National Petroleum Corporation (NNPC). The group tweeted this on Friday morning. “At 11:45PM on Thursday, @NDAvengers

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Niger Delta militants push global oil prices to $50 – highest in 2016

    Niger Delta militants push global oil prices to $50 – highest in 2016

Oil prices eventually rose to a 2016 high on Thursday morning, hitting the highly anticipated $50 a barrel mark, following disruptions in Nigeria’s production levels. The prices rose to a

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US oil ignores dollar strength, hits highest level in 7 months

    US oil ignores dollar strength, hits highest level in 7 months

The inverse correlation between the US dollar and oil seems to have been ignored in recent days. Although the dollar appreciated by more than 2.7% against a basket of currencies

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Reserves sink to all-year low as naira, oil prices fluctuate

    Reserves sink to all-year low as naira, oil prices fluctuate

Nigeria’s foreign reserves has fallen to an all-year low, following a fluctuation in the naira, crude oil prices and the country’s oil production levels. The reserves fell to $26.59 billion

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Increase in PMS price crashes naira to N345/$1

  Increase in PMS price crashes naira to N345/$1

The Nigerian naira suffered a setback on Thursday, crashing to N345 against the dollar, following the federal government’s decision to

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Crude oil prices sinking – yet again

  Crude oil prices sinking – yet again

The prices of crude oil across the world is taking a nose dive again, falling from 2016 highs to the

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ALERT: Petrol price MAY go up soon

  ALERT: Petrol price MAY go up soon

The federal government may soon effect an upward review in the pump prices of premium motor spirit (PMS), popularly known

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Nigeria’s oil output plunges to 22-year low

  Nigeria’s oil output plunges to 22-year low

Following the attack on Chevron Corp’s Okan oil facility, Nigeria’s oil output levels have officially fallen to 22-year low. According

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Oil prices rise after tragic Canadian fire

  Oil prices rise after tragic Canadian fire

Due to the outbreak of fire in Alberta, one of Canada’s most resourceful provinces, the prices of crude oil are

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It’s official: Lagos is now an oil-producing state

  It’s official: Lagos is now an oil-producing state

It is official: Lagos state has finally become an oil-producing state, and will join states who get 13 percent derivation from

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