Oil plunges, stocks mostly rise as Trump says Iran war over ‘very soon’
Oil prices sank and equities mostly rose Tuesday following a volatile session that came after President Donald Trump signaled that the US-Israeli war on Iran could end sooner than previously thought.
SAUDI DRONE ATTACK: Oil price fluctuates, as Nigeria’s petrol price stabilises
SAUDI DRONE ATTACK: Oil price fluctuates, as Nigeria’s petrol price stabilises
BREAKING: Oil Price hits $71.28 on OPEC decision
By Udeme Akpan For the first time in 2021, the price of oil has risen to $71.28 per barrel in the international market, barely a few days after the Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC members had resisted pressure to increase output. Prior to the crucial 14th Meeting of OPEC and non-OPEC ministers, […]
High oil price: Be ready to bear pains of high petrol cost, Sylva tells Nigerians
By Obas Esiedesa The Minister of State, Petroleum Resources, Chief Timipre Sylva has admonished Nigerians to be ready to bear the pains of increased petrol pump price as crude oil price climbs above $60 per barrel. Speaking at official launch of Nigerian Upstream Cost Optimisation Program on Tuesday, Sylva said with no provision of subsidy […]
Oil Market: Price hits $60 per barrel as Iraq, Kazakhstan cut output
By Udeme Akpan The price oil has risen to $60 per barrel in the international market as Iraq and Kazakhstan commit to the Organisation of Petroleum Exporting Countries, OPEC oil cut deal. For instance, the price of Brent, usually used to benchmark other oil prices rose from $59 to the current price on February 8, […]
Oil prices fall on demand concerns
Oil prices edged lower on Monday as climbing Coronavirus cases and tighter restrictions in Europe and China fueled worries over a slower recovery in fuel demand. Encouraging gross domestic product (GDP) and industrial production data from China helped to limit the downside to some extent. READ ALSONIS issues 23,867 Immigration facilities in Edo Brent crude […]
