Oil prices on Tuesday rose significantly after the European Commission (EU) countries agreed to ban 90 percent of Russian oil imports by end of 2022. Brent...
By Uche Chris Concern and anxiety is growing in government as the price of crude oil in the international market continues to soar toward $100 per...
Oil Futures in London traded below $42 a barrel after dropping 1.5% on Monday. Only four of 10 Asian refiners surveyed by Bloomberg said they would...
By Bamike Bamidele Meles Kyari, group managing director of Nigeria National Petroleum Corporation, NNPC, has clarified the recent price surge. He said the recent oil price...
By FELIX OLOYEDE The economic challenges bedevilling the country due to the coronavirus pandemic and the crash in oil price was evident in the performance of...
By JULIUS ALAGBE Nigeria’s economy is facing multiple economic stress-tests from various angles due to waves of Coronavirus pandemic that hit the global economy. The Institute...
By AYOOLA OLAOUWA The continued fall in the price of crude oil in the international market and the lockdown brought about by the rampaging Covid19 pandemic...
The world economy is in dire straits. And Nigeria is not excluded. At the moment, there is a consensus that the world economy will certainly plunge...
While it may be tempting to argue that the worst is behind us for oil price given the historic collapse in WTI which crashed to negative...