Oil futures gained on Monday, with Brent rising above $120 a barrel after Saudi Arabia raised prices for its crude sales in July, signalling tight supply even after OPEC+ producers agreed to accelerate output increases...
Oil settled higher on Friday, one expectations that OPEC's decision to increase production targets by slightly more than planned will not add enough oil to global supply which should tighten as China eases COVID restrictions. The...
Oil slipped on Friday after OPEC+ decided to increase production targets by slightly more than planned, although tight global supply and rising demand as China eases COVID restrictions limited the decline. The Organization of the Petroleum...
Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with some speculation that Saudi Arabia may boost oil production in response...
The Nigerian Export Promotion Council (NEPC), is targeting the $2.7 trillion African market through the instrumentality of e-commerce, according to the Chief Executive Officer of the Council, NEPC, Dr Ezra Yakusak. Speaking at the launch of...
Oil prices firmed up on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai. Brent crude was up $1.71, or 1.5%,...
The federal government has said that it is collaborating with the World Health Organization (WHO) and the United States Centre for Disease Control (NCDC) to see how Nigeria can access the global stockpile of monkeypox...
Oil prices extended a bull run on Tuesday after the EU agreed to a partial ban on Russian oil and China decided to lift some coronavirus restrictions amid rising demand ahead of peak U.S. and...
Oil prices rose on Monday, hitting their highest in more than two months, as traders waited to see whether a planned European Union meeting would reach an agreement on banning Russian oil imports. The Brent crude...
Managing Director/Chief Executive of Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji, has said the investment authority has no plan to re-dominate its assets from the United States dollar into other reserve currencies. He said he...