According to a recent report, Nigeria lost over N720 billion in revenue in February and March 2024 due to its crude oil production declining month after month.It was also announced that Nigeria missed...
Recent data from the federal government of Nigeria revealed that the nation's oil output rose to 1,426,574 barrels a day in January 2024.If these figures continue to increase, Nigeria will have more f...
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...
What Is Crude Oil?Crude oil, also known as petroleum, is a naturally occurring yellowish-black liquid mixture that is mainly hydrocarbons and is usually found in geological formations. The name p...
Oil prices recovered on Tuesday after witnessing a massive three-week , which was a result of the pressure of the United States dollar and the global economic negative trend. Brent crude oil rose...
On Thursday, September 28, Brent Crude oil rose to $97.2 per barrel making it to reach its highest level since it climbed in November last year.The surge in oil prices was driven by the rise in ...
The collapse of SVB has had a significant impact on the oil market, and Brent crude has been hit particularly hard. As a global benchmark for oil prices, the fall in Brent crude prices below $80 per b...
The price of Brent rose to $70.46 per barrel from $68.50, recorded the previous day on the decisions of Organisation of Petroleum Exporting Countries, OPEC and Non-OPEC ministers, to impact the volati...