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 will extend
Petrol price may increase as Brent stabilises around $35/barrel
Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of a
Brent oil prices weaken ahead of OPEC+ meeting
Oil prices fell on Friday as Russia appeared to advocate putting off a decision by the world’s top producers on whether to extend
Brent oil holds above $60 as lower inventories boost WTI
Brent oil held above $60 a barrel on Thursday, withstanding pressure from concerns about economic growth, while a sharp fall in U.S.
Oil prices mixed amid Russian production output rise, strong demand in Asia
Oil prices were mixed Monday amid rising Russian production and strong demand in Asia. Crude Oil WTI Futures for July delivery were
BP profits jump 71% in Q1 2018 on rising oil prices
Rising oil prices helped BP grow profits by 71 per cent in the first three months of 2018. The oil giant reported profits of $2.6bn
Brent oil hits $75.20, highest since November 2014
Brent Oil rose to fresh 3.5 year highs in the Asian session on expectations of fresh US sanctions against Iran and as the demand side
Crude oil prices regain ground as concerns over U.S. production levels continue to weigh
Crude oil prices regained some ground on Friday, as news of a U.S.-North Korea lifted market sentiment, although concerns over U.S.
Crude oil prices trim gains on IEA report
Crude oil prices trimmed gains on Monday, following news of an increase in U.S. output although traders remained hopeful ahead of a
OPEC, allies’ oil cut deal may hurt Russian economy, says Bank of Russia
Bank of Russia has said the Russian economy in 2018 may feel a negative impact of the global deal on oil production output cuts