Oil price nears $90 per barrel as OPEC+ mulls substantial production cut
Oil prices rose towards the $90 per barrel mark on Thursday on the reports that several major producers of the ...
Tag: oil price
Oil Prices Bounce back to $100 per barrel as OPEC meeting begins
The prices of many crudes, including Nigeria’s Bonny Light, on Tuesday bounced back to over $100 per barrel in the ...
Oil Climbs To $79 as Petrol Subsidy Reaches N0.9trn
The Nigerian National Petroleum Corporation spent a total of N905.27bn on petrol subsidy in eight months amid rising global oil ...
Soaring inflation and energy costs are forcing China to sell some of its precious oil supply
China is starting to sell off some of the oil it keeps in strategic reserve in a bid to lower prices in ...
Oil Price Rebounds To $68 Per Barrel After 7-day Loss
The international oil benchmark, Brent crude, jumped on Monday, snapping a seven-day losing streak that was crude’s worst since 2019, ...
Oil Prices Climb To $73, After Two Years
Oil prices, yesterday, hit their highest levels in more than two years on the back of economic recovery and the ...
Oil Price Spikes Above $70 as OPEC Projects Demand Hike
The international oil price, Brent crude, rose above the $70 per barrel mark on Tuesday, with the Organisation of the ...
OPEC Lifts Global Oil Price for Fifth Consecutive Month
The average global crude oil prices have continued to rise for the fifth consecutive month, the Organisation of the Petroleum ...
Oil Prices Peaks At $57 Per Barrel, Ranks Highest in 1 year
The international oil benchmark, Brent crude, rose more than two per cent on Tuesday, hitting a 12-month high after major ...
