The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has said the Federal Government’s efforts to diversify the economy from oil to the agricultural...
Nigerian National Petroleum Company (NNPC) Limited has secured a $5 billion corporate financial commitment from the African Export-Import Bank (Afreximbank) to fund major investments in Nigeria’s...
The Organisation of Petroleum Exporting Countries (OPEC) and its allies OPEC+ was 122 per cent compliant with its crude production restraint commitments in December, which is...
Brent oil prices, which have been on the surge are primed to rise above $100 per barrel later this year, Goldman Sachs analysts have said. According...
Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the...
Oil prices start the London trading session bullish with investors regaining some risk appetite. However, they await clues from the U.S. Federal Reserve chairman on potential...
The price of crude oil rose in London on Friday morning as an uprising in Kazakhstan led to concerns about disruptions in crude supplies from the...
Mohammad Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) has stated that the cartel’s forecast for crude oil demand in 2022 is 28.8...
Oil prices fell about 3% on Monday as soaring Omicron Coronavirus cases in Europe and the United States prompted investor concerns that new regulations to combat...
The Organization of the Petroleum Exporting Countries (OPEC) has disclosed that global oil demand growth in 2021 was 5.7 mb/d. According to OPEC, this reflects slower-than-expected...
