Crude oil

Nigeria earns $640.35m from Crude export in Oct – NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the…

Oil slips back toward 18-month lows on oversupply

Oil prices fell more than one per cent on Thursday after rebounding eight per cent…

Oil heads towards $100 on mounting supply concerns

Brent crude oil rose above 80 dollars a barrel on Tuesday, supported by concern that…

Kaduna refinery shut down for lack of crude —official

The Kaduna Refining and Petrochemical Company (KRPC) has shut down operations on Jan. 15, due…

Price of brent crude oil rises to $70 on output cuts

The price of brent crude oil rose to 70 dollars a barrel on Monday, supported…

Fears of Iran sanctions, Iraq conflict push oil to $57.8

Oil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as…

Oil price rises toward $57 dollars

Oil prices rose on Wednesday in spite of a rise in U.S. crude inventories with…

Crude won’t be an income resource in 10 years – Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, says the world is moving…

Oil prices heading to $53 on signs of tightening market

Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in…

Oil hits $53 approximately on tighter U.S market

Brent crude futures were 52.90 dollars per barrel earlier in the day, their highest since…