Oil prices

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…

Oil gains amid status of trade deal and Covid-19 pandemic

Oil gained on Tuesday even in the middle of confusing arising from the status of the trade deal between the…

Optimism around OPEC+ output pact lifts oil prices

Oil producing nations have something to cheer about as oil prices rose on Monday as indications of increase in demand…

Oil rebound eases concerns about devaluation of Nigeria’s naira

The rebound in oil prices has given Nigeria’s naira a reprieve, easing investors’ concern that a steep devaluation may be…

Brent oil rises to $40 amid hopes for recovery

Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers…

Oil up nearly 3% ahead of OPEC+ meeting and on easing lockdowns

Oil prices climbed about $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output…

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