Global benchmark Brent crude futures rose on Friday, moving nearly eight per cent higher so far this week and set for a second weekly gain. Oil was spurred by hopes
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Ibe Kachikwu, minister of state for petroleum resources, says Nigeria is producing a barrel of crude oil at an average of $13 per barrel onshore and will still make profits
After 40 years of restriction, the first US oil export has finally arrived France, having spent three weeks on the sea amidst fierce price wars. The ‘Liquid American Freedom’, as
From all indications, oil-dependent economies are heading for a recession with the return of Iran to the global market, as oil trades in the region of $23 to $28. On
Ibe Kachikwu, former president of the Organisation of Petroleum Exporting Countries (OPEC), says Saudi Arabia’s insistence on keeping market share in
Ibe Kachikwu, state minister for petroleum resources, says the Organization of the Petroleum Exporting Countries (OPEC) may hold an emergency
The Organisation of Petroleum Exporting Countries (OPEC) basket price for oil took a deep dive on Thursday as the commodity
The first trading day of 2016 came to an end with the Nigerian economy standing firm against reports of woes
The Kingdom of Saudi Arabia has announced plans to raise petrol prices by up to 40 per cent from Tuesday, cutting
The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has called on federal government as led by President Muhammadu Buhari to
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