Crude oil

Oil prices rise $1/bbl on virus vaccine hopes, EU stimulus deal

Outlook for oil demand looked positive on Tuesday, causing oil prices to rise about $1 a barrel on Tuesday, hitting…

Oil prices fall as COVID-19 infections rise

Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously optimistic…

Oil prices fall as demand outlook worsens in US

Oil prices fell early on Friday amid surging new coronavirus infections in the United States, which had market participants worried…

Nigeria, other African oil exporters’ll lose $34bn – IMF

  The International Monetary Fund (IMF) has projected that Nigeria and other African oil producing countries will lose an estimated…

Oil prices drop on prospect of returning Libyan supplies

Oil prices fell on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has been…

We won’t give up petrol pricing control function –PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA) has said it does not intend to give up its petrol pricing control…

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