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Oil Price Plunges To $73 A Barrel Amid Omicron Uncertainties

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The price of crude oil dipped on Friday amid surging cases of Omicron coronavirus variant, raising concerns that new...

Uproar In Senate Over Plan To Give Bauchi, Lagos, Ogun Oil-Producing Status

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Senators from Niger Delta on Wednesday kicked against proposed legislation seeking to make Bauchi, Lagos and Ogun oil-producing states,Dailytrust...

Oil Prices Fall As OPEC+ Sticks To Monthly Output Increase

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Crude oil prices dropped as the Organisation of the Petroleum Exporting Countries and its allies known as OPEC+ agreed...

Oil Prices Stagnate As OPEC+ Continues Negotiations

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Oil prices have hardly moved at the start of the week, as a cautious market awaits stalling talks between...

Taking Final Stand On Nigeria Oil, Gas Downstream Sector Deregulation

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The need for Nigeria to fully deregulate the downstream petroleum industry has been constantly emphasised, especially with the current...

Analysts Spell Doom For Nigeria’s economy in 2021

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Some analysts have made projections on the trajectory of the nation’s economy in 2021, saying  the year will be...

Oil Prices Rise On Vaccine Hopes, Ship Explosion At Saudi Arabia

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Oil prices rose on Monday, pushing Brent back above $50 a barrel. This was buoyed by hopes that a rollout...

Oil Prices Drop As OPEC+ Struggles To Reach Production Agreement

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Oil prices fell on Monday as markets reacted to reports that major producers disagree on how much oil to...
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