Oil prices
IEA sees global oil demand rising 2% to new high in 2023
BY HABEEB ADAMU Global oil demand will rise more than 2 percent to a record high of 101.6 million barrels…
Huge downside risks for Nigerian economy over Russia-Ukraine conflict, says CPPE
BY: ONOME AMUGE Russia’s invasion of Ukraine has serious implications for the Nigerian economy which is likely to worsen if…
Just In: Oil prices slump by more than 3%
Wale Ameen Oil prices lost more than 3% at the opening trading session of the week following concerns that…
Oil giant, Saudi Arabia, records $29bn deficit in Q2 as oil demand continues to fall
World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the…
Oil up on weaker dollar, high U.S. inventory
Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising…
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…
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