On Wednesday, the Organisation of Petroleum Exporting Countries (OPEC) announced that it and its allies had agreed to maintain the current oil output policy through their June meeting.According to a s...
In the early hours of Monday, oil prices plunged after Saudi Arabia declared a price war against Russia, a former ally; thereby, causing a historic collapse. Following the collapse, the US oil prices ...
Since the inception of the recent Russian military invasion in Ukraine, the Western world has felt a huge resistance in the placement of sanctions in Russia’s oil and gas exports, as a result of the...
At the 7th Annual Edition of the Zenith Bank International Trade Seminar with the theme "Unlocking Opportunities in Nigeria's Non-Oil Export Business," held on Wednesday, stakeholders unanimously...
On Monday, the price of crude oil rose to a barrel costing $95 and beyond. Brent crude increased by 0.38% to settle at $94.30 a barrel as of 11.14 WAT, while US West Texas Intermediate crude increased...
Today, Brent crude oil reached $83 per barrel following the meeting of the Organization of Petroleum Exporting Countries (OPEC), as it holds today.At around 7:47 AM, GMT+1, the review of global prices...
MRS Oil Plc has announced that it will seek shareholders' permission to remove itself from the Nigerian Exchange Limited.The company filed a notice to the NGX after Tuesday's extraordinary general mee...
Nigeria has filed a lawsuit in a London court against JP Morgan Chase, demanding over $1.7 billion in damages for its role in the disputed 2011 Malabo oil sale. The hearing is set to begin on Wednesda...
Oil fell sharply on Tuesday, adding to Monday's losses, as a number of factors impacting on sentiment, including Russian-Ukraine negotiations, a possible decrease in Chinese demand, and trade unw...
Following the report of the oil price war, quite a number of index tracking-funds that can be traded on the stock market have been greatly exposed to volatility in the oil and energy sectors. This is ...