oil

Masari charges governors to seek alternative revenue

Governor Aminu Bello Masari of Katsina State has advised his colleagues to look for alternative sources of revenue apart from…

5 years ago

Oil prices plunge further

In China, there were 125 new virus cases on Friday, the highest since mid-January, with authorities reportedly launching new restrictions,…

5 years ago

DPR sets up strategy to enhance value from oil and gas

The Department of Petroleum Resources (DPR) has said it is developing a Maximum Economic Recovery (MER) strategy for Nigeria to…

5 years ago

Oil prices dip 0.5% amidst slow demand

Oil prices dropped by around 0.5% on Monday, with West Texas Oil (WTI) trading below $72 a barrel and Brent…

5 years ago

Nigeria won’t achieve forex rate convergence until there are multiple suppliers, says Johnson Chukwu

Mr Johnson Chukwu, Managing Director, Cowry Asset Management Ltd and financial and economic analyst, Xrays some monetary and fiscal policies…

5 years ago

Nigerian oil output drops despite rising prices

Nigeria pumped 1.48 million barrels of crude oil in June, witnessing a significant drop in production compared to previous months,…

5 years ago

Nigeria records 4,919 oil spills in 6 years- minister

The Minister of Environment, Dr Mohammad Abubakar, says Nigeria recorded 4,919 oil spills between 2015 to March 2021 and lost…

5 years ago

OPEC+ diplomatic spat leaves oil market shaky, meets Monday

Saudi Arabia and the United Arab Emirates cranked up the tension in their OPEC standoff as the rare diplomatic spat…

5 years ago

Oil prices dip amidst COVID-19 resurgence

Oil edged lower as the coronavirus resurgence raised concerns about demand ahead of an OPEC+ meeting this week that could…

5 years ago

Oil drops again on doubts over demand rebound

Oil prices extended their losses on Tuesday as concerns about the fragile state of the global recovery in demand for…

5 years ago

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