Nigeria’s export to the United States, under a duty-free policy, dropped in the first nine months of 2020, recording $351.73 million from January to S
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Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos has sentenced five Indians for oil theft to one year imprisonment each. The al
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The Federal Government’s earnings from the export of crude oil has recorded a recovery of 116% the Organisation of Petroleum Exporting Countries
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Crude Oil prices rose to its highest level since March on Friday, this development comes one day after key producers of the commodity reached an agree
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OPEC members are billed to meet with their counterparts to reach an agreement on output cuts over the coming months. AFP reports that the meeting is s
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The Nigerian National Petroleum Corporation (NNPC) has stated that its crude oil discovery in Benue State is in commercial quantity. The corporation r
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Oil prices rebounded slightly on Tuesday from big falls in recent sessions, but Brent crude remained near seven-month lows around $60 a barrel due to
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Oil prices fell on Monday on global growth concerns after U.S. President Donald Trump last week threatened China with more tariffs, which could limit
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Oil prices steadied on Friday and were on track for a weekly increase as geopolitical tensions in the Middle East and concerns over the safety of oil
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Oil rose more than $1 on Thursday amid Middle East tensions and a big fall in U.S. crude stocks, but prices faced downward pressure from weak manufact
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Oil traded near a seven-week high as supply risks from a storm in the Gulf of Mexico and falling U.S. stockpiles were countered by a weak market outlo
Read MoreOil prices firmed on Monday amid tensions over Iran’s nuclear programme but gains were tempered by concerns about global economic growth and consequen
Read MoreOil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global ec
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Oil prices rose on Friday, with Brent crude heading for its first weekly gain in five weeks on tensions in the Middle East after Iran shot down a U.S.
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Oil prices steadied on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade ten
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Oil prices fell on Thursday on fears of a global economic slowdown due to a U.S.-China trade war but losses were capped by a tightening crude market a
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Oil rose towards $69 a barrel on Friday after two sessions of losses but remained on track for its biggest weekly drop of the year, pressured by risin
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Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and on demand concerns linked to a protracted trade war
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Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.
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Oil prices fell on Thursday, reversing earlier gains, as an escalating trade battle between the United States and China counteracted upward pressure f
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