IEA sees global oil demand rising 2% to new high in 2023
BY HABEEB ADAMU Global oil demand will rise more than 2 percent to a record high of 101.6 million barrels per day (bpd) in 2023, the
Russia vs. Ukraine faceoff: Coronation analysts see effects on oil prices, FGN Eurobonds
The invasion of Ukraine by Russia began on February 23, 2022, after months of military build-up and diplomatic activity which had
Huge downside risks for Nigerian economy over Russia-Ukraine conflict, says CPPE
BY: ONOME AMUGE Russia’s invasion of Ukraine has serious implications for the Nigerian economy which is likely to worsen if the
Just In: Oil prices slump by more than 3%
Wale Ameen Oil prices lost more than 3% at the opening trading session of the week following concerns that new COVID-19
Oil giant, Saudi Arabia, records $29bn deficit in Q2 as oil demand continues to fall
World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the year due to
Oil up on weaker dollar, high U.S. inventory
Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising U.S. oil inventories and a
Oil prices fall as COVID-19 infections rise
Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously
Oil prices fall as demand outlook worsens in US
Oil prices fell early on Friday amid surging new coronavirus infections in the United States, which had market participants worried
Oil prices drop on prospect of returning Libyan supplies
Oil prices fell on Tuesday amid rising COVID-19 cases and a possible return of Libyan oil production, which has been down to a trickle
Oil gains amid status of trade deal and Covid-19 pandemic
Oil gained on Tuesday even in the middle of confusing arising from the status of the trade deal between the U.S. and China. Prices