Nigeria and Libya will expect to face growing pressure from their counterparts in the Organisation of Petroleum Exporting Countries to end their exemption from production cuts...
Global crude oil benchmark -Brent has increased from $58.15 a barrel to $60.75 a barrel while West Texas Intermediate (WTI) from $51.61 to $54.19 a barrel...
The Minister of State for Petroleum in an interview disclosed that Nigeria will need to produce 3.1million barrels of crude oil per day consistently to met...
The Naira, yesterday, depreciated against the dollar at the parallel market, just as crude oil price hit five-week high, gaining about 10 per cent in a...
The price of Crude oil recorded a drastic increase to $45/barrel, on Monday evening and Tuesday’s morning barely 24hrs after the president, Organisation of Petroleum Exporting...
The president of the Organisation of Petroleum Exporting Countries (OPEC), Mohammad Al-Sada says oil prices will rise in September through December, following expectations of higher oil...
Oil fell below $50 a barrel on Tuesday as concern about a potential slowdown in economic growth that would sap demand trumped supply outages in Nigeria...
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