How coronavirus, oil price, dollar will impact projected growth in Nigeria’s private sector
Adesola Afolabi There are projections for a rebound in Nigeria’s private sector this month in the wake of latest Purchasing
Budget under threat as oil sinks to $54
The international oil benchmark, Brent crude, plummeted to its lowest level in more than a year on Monday, trading below the Federal
US unexpectedly lifts Iran-related sanctions on Chinese tanker company
The United States will remove the sanctions it imposed on Chinese tanker operator Cosco for violating the Iran oil sanctions. One of
Exxon’s earnings slump on poor petrochemical, refining results
ExxonMobil reported on Friday fourth-quarter earnings down from a year earlier, as lower natural gas prices and weak chemical and
Refineries posted N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from
Buhari meets NNPC GMD, Mela Kyari again over oil prices
President Muhammadu Buhari, has again met with the Group Managing Director of the Nigeria National Petroleum Corporation, Mela Kyari,
Global oil and gas discoveries hit four-year high
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest
Another war looming? What will happen to oil prices
The world needs to remember how prices for US crude oil spiked $10 per barrel overnight as fighting began in the second war in Iraq.
Oil prices fall as Russia touts easing OPEC+ output
Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year, but prices held near recent
Oil prices fall but set for third weekly rise
Oil prices fell slightly on Friday but were still set for a third straight weekly gain after easing US-China trade tensions lifted