Oil Prices
-
Business
Omicron: Oil prices rises to highest level in a month
Oil prices rose more than 2% on Monday to the highest level since late November on hopes that the Omicron…
-
Business
US to release oil reserves in attempt to lower prices
The US has said it is releasing 50 million barrels of oil from its reserves in an attempt to bring…
-
Business
NNPC: We’ve not increased ex-depot price of petrol
The Nigerian National Petroleum Corporations (NNPC) says it has not increased the Ex-depot price of Premium Motor Spirit (PMS) also…
-
Business
Oil prices recover to pre-pandemic levels
The price of oil has recovered to its pre-pandemic levels having hit an all-time low last year. While demand for…
-
Business
Oil prices down over lingering demand concerns
Oil prices were slightly down on Thursday over lingering demand concerns, as hopes for an economic recovery boosted by the…
-
Business
Oil eases as coronavirus fears offset gasoline recovery signs
Oil prices drifted lower on Thursday as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a…
-
Business
Oil price still below zero as turmoil persists
Negative oil prices on Monday were a “quirk”, says one market expert. The price of US oil – which slumped…
-
Business
Oil price crashes into negative territory amid pandemic
U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut,…
-
Foreign
Coronavirus Invades Saudi Inner Sanctum
More than six weeks after Saudi Arabia reported its first case, the coronavirus is striking at the heart of the…
-
News
Oil price crash: National Assembly, Executive to cut N10.59trn budget for 2020
The Senate, on Tuesday, has said that a cut to the N10.594 trillion budget for 2020 passed by the National…
