oil

Nigeria’s economic diversification drive successful, says Emefiele

The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has said the Federal Government’s efforts to diversify the…

4 years ago

PIA attracts $5bn Afreximbank funding for Nigeria’s oil industry

Nigerian National Petroleum Company (NNPC) Limited has secured a $5 billion corporate financial commitment from the African Export-Import Bank (Afreximbank)…

4 years ago

OPEC+ compliance rises to 122% in December

The Organisation of Petroleum Exporting Countries (OPEC) and its allies OPEC+ was 122 per cent compliant with its crude production…

4 years ago

Goldman Sachs projects oil price to hit $100 a barrel in 2022

Brent oil prices, which have been on the surge are primed to rise above $100 per barrel later this year,…

4 years ago

Oil prices may hit $100 -analysts

Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production…

4 years ago

Oil prices: Investors confidence returns as supply tightens

Oil prices start the London trading session bullish with investors regaining some risk appetite. However, they await clues from the…

4 years ago

Crude oil rises to $82 a barrel

The price of crude oil rose in London on Friday morning as an uprising in Kazakhstan led to concerns about…

4 years ago

OPEC projects 28.8m barrels per day oil demand for 2022

Mohammad Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) has stated that the cartel's forecast for crude…

4 years ago

Oil prices dip by 3%

Oil prices fell about 3% on Monday as soaring Omicron Coronavirus cases in Europe and the United States prompted investor…

4 years ago

World oil demand grows by 5.7 mb/d in 2021 –OPEC

The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that global oil demand growth in 2021 was 5.7 mb/d.…

4 years ago

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