west Texas intermediate

Brent crude steadies at $40; good news for Nigeria

*OPEC targets $50 oil Despite weak Chinese trading data, the price of Brent  crude remained…

Oil prices stabilise in Asian trade

Oil prices stabilised in Asia Monday following sharp gains in the previous session as dealers…

Oil prices gain in Asia, Brent hits $54.75

Oil edged higher in Asia Tuesday, extending gains from the previous day after US firms…

OPEC failure to reduce oil output sends oil prices crashing

OPEC disappointed the international oil market on Thursday by voting to maintain its current production…

Oil prices rally, then dip again

Oil prices fell on Monday after a brief rebound, with the market weighed down by…

Nigeria faces cash crisis with oil prices falling

Oil prices reached new multi-year low points on Wednesday owing to a supply glut and…

Oil prices rise in Asia ahead of US stockpiles report

 Oil prices rose in Asia Wednesday as dealers awaited the latest US supply report for…