Oil

OPEC slashes Nigeria’s oil output 20.7% to 1.38 mb/d 

  By Cynthia Ezekwe    THE Organisation of Petroleum Exporting Countries and its allies  (OPEC+)  has slashed Nigeria’s oil output,…

By businessamlive
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Nigeria retains Africa’s top oil producer spot in March 

By Onome Amuge Despite recording lower crude oil production in March 2023, Nigeria retained its position as the largest oil…

NUPRC highlights benefits of optimal oil, gas production for revenue generation

By Innocent Obasi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has emphasized the need for accurate crude oil and natural…

Oil climbs as traders grow optimistic over China’s demand recovery

By Onome Amuge Oil prices firmed in morning trading on Thursday after gaining about three per cent the previous day…

Oil rebounds following 9% New Year drop

By Onome Amuge Crude oil futures gained on Thursday as markets gradually stabilised following days of consecutive declines  that resulted…

Oil futures slips over global economy concerns

By Onome Amuge Oil prices plunged into bearish territory  following the International Monetary Fund’s (IMF) report that a third of…

Oil rises on China’s demand optimism,U.S winter storms

By Innocent Obasi & Onome Amuge Numbers on the oil price chart jumped to their highest in three weeks and…

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