Oil Price Rises To $40 As Optimism Mounts On Production Cuts
Oil price rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers will extend production cuts...
Tag : #CrudeOilPrice
Oil Prices Fall As U.S. Fuel Demand Remains Weak
Oil prices edged lower on Friday after the U.S. inventory data showed lacklustre fuel demand in the world’s largest oil consumer while worsening U.S.-China tensions...
Production Cut: Sylva Expresses Appreciation To Saudi Arabia
The Honorable Minister of State for Petroleum Resources, H.E. Timipre Marlin Sylva has expressed his appreciation to the Government of Saudi Arabia over its recent...
US Oil Prices Crashes, Ends Negative For The First Time In History
US oil prices have crashed on Monday 20th April 2020, to a record low, as demand continues to plummet over the continued and compulsory stay...
FG Announces A Further Reduction In Pump Price Of PMS To N123
The Federal Government has announced a further reduction in the pump price of the Premium Motor Spirit (PMS) to N123.50 per litre, as the international...
NNPC Assures Nigerians Of More Than 60-days Fuel Sufficiency
Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of a 60-day fuel sufficiency as the country battles the coronavirus epidemic, where the corporation urged Nigerians...
Crude Prices: UAE To Join Saudi Move To Flood The Market
The United Arab Emirates (UAE) is reported to be backing the move by Saudi Arabia to flood the market with product, as the price war...
Oil Price Jumps To $38 Per Barrel As Russia Eyes OPEC Meeting
The world over the weekend, woke up to witness one of the biggest fall in the international crude oil price in nearly 30 years, as...
Oil Price Drops To $30 As Saudi Arabia Launches Price War
The international crude oil price has crashed to more than 34%, lowest in four years, to sell for $27.34 a barrel, as Saudi Arabia takes...