Tag: oil

oil, saudi arabia, opec

Oil prices to stay within $80 after Saudi announces Dec supply cut

Oil prices rose by about one per cent on Monday after top exporter, Saudi Arabia, announced a cut in supply for December. International benchmark Brent...
oil

Oil prices drop as wave of supply meets global economic gloom

Oil fell on Thursday on course for its fourth consecutive week of decline, as rising crude supply met the bearish combination of concern over...

Falana: It’s a shame we don’t know how much oil Nigeria is producing

Human rights lawyer, Mr Femi Falana (SAN), said it was shameful that there was no accurate record of the volume of crude oil being...
oil, saudi arabia, opec

Oil falls to $76 as worries mount on demand outlook

Oil slipped to around $76 a barrel on Wednesday, paring losses after hitting its lowest since late August, pressured by concern that demand is weakening...
oil

Oil prices dip amid expectations of higher U.S. inventories

Oil prices dipped on Tuesday amid expectations of an increase in U.S. crude inventories, but signs of a fall in Iranian oil exports this...
oil, saudi arabia, opec

Oil rises towards $85 as Asian shares slip on lingering trade

Asian shares slipped on Monday as worries over Sino-U.S. trade disputes, a possible slowdown in the Chinese economy and higher U.S. borrowing costs tempered...
oil

Oil rebounds to $81pb

Oil rose to $81 dollars per barrel on Friday, rebounding after two days of declines, though prices pared gains after another closely watched forecaster...
oil, saudi arabia, opec

Iran: Oil drops to $83

Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the U.S. reimposes...
oil, saudi arabia, opec

Oil rises towards $90, Asia stocks slip as NAFTA lift fade

Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views...
baru, marketers, nnpc

N650bn debt: Oil marketers urge FG to hasten payment

Oil marketers, on Thursday, appealed to the Federal Government to hasten payment of over N650 billion subsidy arrears to save their assets from being...