crude oil

Nigerian Markets Last Week: Oil Gains for Fourth Straight Week Ahead of OPEC+ Output Meeting

Nigerian Markets Last Week: Oil Gains for Fourth Straight Week Ahead of OPEC+ Output Meeting

The Nigerian Markets report for the week ended November 27, 2020. Stock Market The Nigerian Stock Exchange All-Share Index and… Read More

5 years ago

Nigerian Markets Last Week: Oil to Rebound in 2021, Economy in Recession as Inflation Passes 14%

The Nigerian Markets report for the week ended November 20, 2020. Stock Market After recording a historic surge the previous… Read More

5 years ago

Reps Summon NNPC Boss, Emefiele over Alleged Unremitted N3.2trn, Others

The House of Representatives has summoned the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Mele Kyari, and Governor… Read More

5 years ago

Nigerian Markets Last Week: Historic Trading Day on Nigerian Bourse, Pfizer Vaccine Success Lifts Oil

The Nigerian Markets Last Week for the week ended November 13, 2020. Stock Market The Nigerian Stock Exchange All-Share Index… Read More

5 years ago

Oil Prices Rising as Imminent Coronavirus Vaccine Lifts Bonny Light by $2.73

Oil prices climbed further on Tuesday following Pfizer’s announcement that trials have shown that its candidate vaccine is effective in… Read More

5 years ago

Goldman Sachs Slashes 2021 Oil Forecast Due to Pandemic Resurgence

Goldman Sachs on Monday lowered its 2021 price forecast for international benchmark Brent Crude, after earlier projecting a bullish outlook… Read More

5 years ago

Oil Exploration to Recommence in the Chad Basin-Timipre Sylva

The Nigerian government will restart the search for oil in the Lake Chad Basin after three years of cessation of… Read More

5 years ago

Shell to Close Major Refinery Amid Pandemic-related Slump in Fuel Demand

Multinational energy company Royal Dutch Shell will shut down one of its major oil refineries in the United States later… Read More

5 years ago

Dangote Refinery Reaches 80% completion, to Start Selling Petrol Next Year

Dangote Group said it will start the sale of petroleum products from its refinery in the last quarter of 2021… Read More

5 years ago

Oil Prices Slide Further as U.S. Producers Restore Output, but Nigeria’s Bonny Light Gains $0.30

Oil prices declined for the second successive session on Monday, with United States producers restoring output, following a lull in… Read More

5 years ago

Oil Prices Dip After Norway Oil Workers Halt Strike; Nigeria’s Bonny Light up $0.30

Oil prices slid by over 1% on Friday, following the cessation of a labour action by oil workers in Norway… Read More

5 years ago

Washington Tribunal Clears Nigeria of Culpability in $1.5bn Oilfield Claim

Nigeria has won a long-running legal tussle over an oilfield, averting the award of $1.5 billion in damages, Bloomberg reported… Read More

5 years ago