Oil Price

Oil prices beyond $100 pb could lead to market collapse – oil giant

The head of Russian energy giant Lukoil, Vagit Alekperov, warns of a market crash in…

Oil prices fall as India’s COVID-19 crisis dents demand outlook

India reported a record number of COVID-19 cases for the fifth straight day on Monday…

Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks

Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of…

Averting the road to Venezuela

By FEMI ADESINA Let’s tell the story of Venezuela, because it bears striking similitude with…

Oil price, COVID-19 outbreak to affect Nigeria’s capital market – SEC

Mrs Mary Uduk, the Acting Director-General of the Securities and Exchange Commission (SEC) says the…

Brent jumps almost $3 after U.S. air strike on Baghdad airport

Brent crude futures jumped nearly three dollars on Friday after a U.S. air strike in…

Oil prices edge up after turbulent week as Saudi Arabia reassures on output

Oil prices edged higher in Asian trade on Thursday after days of turbulence, with markets…

Oil prices drop as traders wait for G20, OPEC+ meetings

Oil prices fell on Thursday to erase some of the previous session’s strong gains, as…

Oil set for worst week in 6 months as crude stockpiles surge

Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude…

Oil set to extend long run of weekly gains in tense global market

Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output…