The first consignment of West African crude was sold by Aramco Trading Co., highlighting the Saudi Arabian oil giant’s trading ambitions.According to dealers familiar with the…
Browsing: Crude oil
Crude oil prices has remained over $105 a barrel as investors weighed increased demand for refined goods against a series of Chinese city lockdowns. At 9:36…
The parent company of Nigeria’s Agip Oil Company (NAOC), Eni, has announced that a force majeure at its Brass port in Yenagoa, Bayelsa state, has been…
Oil is now above $112 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western…
Oil prices has surged on Wednesday due to supply disruption fears mounting following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled…
Nigeria, other OPEC, and even OPEC + members could earn more from the black gold, according to a new analysis from Goldman Sachs. The US bank…
Revenue is the main oil that lubricates most countries and ensures the running of a large range of other nation. 2020 witnessed a global reduction of…
Nigeria earned 676.41 billion Naira in July 2020 from 653.35 billion Naira in June. The increase in gross revenue is due to the improved sale of…
In line with an agreement among producers to curb output and battle a global glut, OPEC member, Nigeria has reduced her oil production , according to…
Nigeria’s Central Bank Governor, Godwin Emefiele has assured investors of the safety of their investments in the country in spite of dwindling revenues from the sale…