Oil steadies to trade higher after losses
Oil prices rose on Thursday, steadying after losses over the past two days from a surprise increase in U.S. crude ...
Tag: oil price
Oil set for biggest weekly rise in a month as Iran sanctions loom
The oil price rose on Thursday and was set for its largest weekly increase in a month, as the market ...
OPEC daily basket price drops to $66.05 per barrel
The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $66.05 a barrel on Wednesday, ...
FG targets $15/barrel oil production cost
By Ayobami Adedinni The Federal Government is targeting a reduction in production cost, Minister of state for Petroleum Resources, Ibe ...
Oil to hit $80 within six months — Goldman Sachs
THE oil market has rebalanced as Brent will reach $82.50 a barrel within six months, Goldman Sachs, a leading global ...
Nigeria not joining OPEC oil cap anytime soon
Indications are that Nigeria may not be joining the Organisation of the Petroleum Exporting Countries, OPEC’s oil output cap anytime ...
“The downstream sector has not performed optimally- Diran Fawibe,
Dr Diran Fawibe, Chairman/CEO of International Energy Services (IES) Ltd, in this interview speaks on the dwindling fortunes of the ...
Oil rises above $68, highest since May 2015
Global oil benchmark, Brent crude, extended its gains on Tuesday, trading near $69 per barrel on the back of production ...
Oil Rally Falters As Traders Seize Profits
… Trump seeks to open U.S. coastal areas to drilling After a strong start to 2018, oil prices fell back ...
Nigeria’s Bonny Light crude oil hits $67.10 a barrel
The price of Nigeria’s Bonny Light crude oil reached $67.10 per barrel to emerge the highest priced product among members ...
