Oil is on track for its biggest monthly gain in seven years as a result of a weak dollar and a decline in US production, reducing global oversupply. Brent crude,
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The prices of crude oil hit its highest point in 2016 on Wednesday, trading a few cents above the previous 2016 high of $46 per barrel and inching closer to
The great and mighty oil producing country, Saudi Arabia, will be diversifying its economy, deputy crown prince, Mohammed bin Salman, has revealed. According to Salban, the aim is to turn the
Crude oil prices continued on its upward spike on Tuesday, fluctuating at 2016 highs of $46 per barrels, but this may be bad news for Nigeria. Brent crude prices climbed on
Ibe Kachikwu, minister of state for petroleum, has appealed to Nigerians not to judge his work by their difficulties in obtaining
Widhyawan Prawiraatmadja, Indonesia’s governor to the Organization of the Petroleum Exporting Countries (OPEC), says no need for oil output freeze
Guinness Nigeria Plc says its nine-month profit has fallen by 83 percent from N5.2 billion in March 2015 to N864
Ibe Kachikwu, minister of state for petroleum, says he has been able to convince some international oil companies to provide
The Central Bank of Nigeria (CBN) has recorded fresh rise of foreign reserves for four days consecutively – for only the
Crude oil prices bounced back on Thursday, continuing to gather support after the world’s biggest suppliers firmed up plans to
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