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