Crude Oil Prices Hit Seven-year High As OPEC, Allies disagree on Production

Following the failure of the Organisation of Petroleum Producing Countries (OPEC) and its allies to agree on production plan, Crude oil prices on Tuesday tracked higher with the US crude benchmark inching closer to a seven-year peak.OPEC and its allies called off a meeting to discuss production plans.

Although prices were stabilised on Monday, Tuesday witnessed a spike on Tuesday probably because investors feared that the OPEC+ group discordant positions on joint production would mean immiment supply strain.
A study of the market showed that West Texas Intermediate crude oil futures were higher by 1.6 per cent at $76.34 per barrel recently. Brent oil, WTI’s international counterpart, went up by 0.2% to settle at $77.30 per barrel.

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Nigeria Rises Above 200,000 Coronavirus Infections Since Feb. 2020 –NCDC
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  COVID-19: Nigeria Records 2 Deaths, 547 New Cases Saturday
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  OTOBO AT THE SEEDS CONFERENCE
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  COVID-19: NCDC Records 8 More Deaths, 631 New Cases In 19 States, Fct
• Editor

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• Editor

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• Editor

  How Nigeria’ll Become Maritime Hub For AfCFTA, Shippers’ Council
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Osinbajo Lauds AFREXIM’s Developmental Strides In Nigeria
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Bank Of Ghana, German Firm Partner To Create Digital Currency
• Editor

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• Editor

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• Editor

  Inflation Will Drop To Single Digit By 2022 – CBN
• Editor

  Agric Investors To Get Plant Variety Protection Rights
• Editor

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• Editor

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• Editor

  Three Arrested For Copyright Infringement in Abuja
• Editor

  HOMEF Drags FG To Court Over Plant Variety Protection Law
• Editor

  Crypto Investment Rises By 100% In 2021
• Editor

  FG’s New Vehicle Number Plate Policy Raises Rates By 50%
• Editor

  Police Arrest Suspected Bank Hacker, BDC Operators Over N1.868bn Scam
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  HURIWA Condemns Reports Of High COVID-19 Cases In NYSC Camps
• Editor

  Nigeria Needs $400bn To Achieve Energy Access – FG
• Editor

  Tizeti Expands To 10 Nigerian Cities
• Editor

  AfDB’s Digital Skills Programme Records 130, 000 Users
• Editor

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• Editor

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• Editor

  Edo Generates N3bn From Land Registration
• Editor

  Anambra 2021: Soludo Hopeful As Appeal Court Nullifies Sack Of Oye-led APGA Faction
• Editor

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• Editor

  Oyo Remains Committed To World Bank-backed Project – Makinde
• Editor

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• Editor

  NCC Exceeds 2021 Revenue Target By 400%
• Editor

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• Editor

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• Editor

  PHOTO STORY
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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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  Nigeria, 22 Others In Danger Of Acute Food Insecurity – Report
• Editor

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• Editor

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• Editor

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• Editor

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  Nigeria’s Capital Investment Falls To $875.6m From $1.9bn in Q2 – NBS
• Editor

  IMF Projects Global Economy To Grow By 6%, Retains 2.5% For Nigeria
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Senate Asks INEC, Nigerian Army, Others To Repay N76bn Loans
• Editor

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• Editor

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• Editor

  Buhari Jets Out To London For Global Education Summit
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  CBN Declares Nigerian Banks Safe
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  APHPN Elects New Leadership
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• Editor

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  PHOTOS: Sanwo-Olu, Deputy Cast Votes For Lagos Local Government Election
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• Editor

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• Editor

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  The Future Of Africa, By Mo Ibrahim
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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Entrepreneur Hails Women Leading Top Nigerian Banks
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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Global food prices fall for the first time in 12 months – FAO
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Heirs Holdings’ Entry Echoes Efficiency In Nigeria’s Insurance Sector
• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

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• Editor

  Nigeria Should be Refuge for All – Obi
• Editor

  Report underlines need to strengthen internet freedom, data privacy laws
• Editor

  We are using technology to update our consumer lending operations – UBA
• Editor

  Nigerian Senate set to approve Buhari’s N895.84bn supplementary budget
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  Kwara Gov names US-based policy analyst Focal Person on Diaspora Matters  
• Editor

  Soludo vs Ozigbo: Economic heavyweights fight to govern Anambra
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  Reflections as Buhari writes China’s Xi Jinping on 100 years of CPC
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  Nigerian Exchange Group delists GTBank Plc, lists shares of GTHoldco
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  Stock Market: LinkAssure, Ikeja Hotel consolidate gains on NGX chart
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  Nigerian lawmakers pass N330 billion budget for capital territory
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  Ikeja Hotel, FIDSON top gainers chart on NGX
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  South Africa’s former president Zuma sentenced 15 months jail term
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  Don’t lose hope in your country, Amina Mohammed charges young Nigerians
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  Governor begs for extension, as insecurity disrupts EU projects in Nigeria’s Northeast
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  Edo government boosts education sector with ‘EdoBEST’
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  Otiono, Osadolor to play key roles in Jacksonites’ inaugural professional development meet
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  Nigeria becomes Number Three in Urea Capacity Addition
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  New investment solutions for priority clients at Stanchart
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  Nigeria Elected Vice Chairman Of African Postal Union’s 10th Session
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  Oyo plugs revenue leakages, gains N15bn in two years
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  Practitioners fault Government’s plan to regulate the Media
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  Africa loses $1bn yearly to medical tourism – Adesina
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  Reps invite Amaechi, NPA over N166.9bn ‘missing’ revenue
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  Rainy season: NCAA caution pilots over hazardous weather
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  Rising Food Prices: Unending burden on poor Nigerians
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  Lagos lawmaker explains approval of Sanwo-Olu’s N85bn bond request
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  Nigeria to lose 77.1M treatment of NTDs if the UK aid cuts are not reversed
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  COVID-19: African economies now more vulnerable to debt traps
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  Africa’s Debt Burden: Media need to play watchdog role – Mbamalu
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  USTDA, InfraCredit partner on infrastructure project funding in Nigeria
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  Stop borrowing to fund recurrent expenditure, experts tell FG
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  United States – China in Africa: Democracy versus Development?
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  AfCFTA foisting single market on a disconnected region
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  LASTMA’s Negative Image In Lagos Can Be Fixed – Ex General Manager
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  The Guardian’s ex-Editor, Jahman Anikulapo, Appointed Director, Editorial Board Member At Prime Business
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  NCC inaugurates committee on spectrum auction for 5G deployment
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  No award can bring me satisfaction – Femi Kuti
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  JAMB delists 25 CBT centres hours after commencement of examination
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  Prof. Pat Utomi appointed Editorial Board Chairman of Prime Business
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  95% of UTME candidates met NIN requirement, says JAMB
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  Unemployment to plunge more Nigerians into poverty – NESG
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  Newstide appoints Ambassador Ejeviome Otobo Board Director
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  AMA founder Eloine Barry emerges deputy Editorial Board chair of Prime Business
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  IMF frowns at return of fuel subsidies in Nigeria
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  Nigeria’s first female professor of Journalism, Okunna, joins Newstide Board as Deputy Chair
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  Davido appointed brand ambassador for Maison Martell
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  MTN notifies customers of potential service disruption
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  Nigeria borrowed N1.3tn in four years to subsidise electricity – World Bank
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  Coca Cola records ‘$4 billion’ loss after Cristiano Ronaldo’s gesture
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  Dr. Bongo Adi appointed Newstide Publications Board Chairman
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  Amazon makes COVID-19 test available to the public
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  CBN has the capacity to print Gambia’s currency – Emefiele
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  Why delayed EURO 2020 Championship excite business owners
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  PDP governors lament Buhari’s excessive borrowing
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  Twitter ban: ECOWAS court serves Buhari hearing notice
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  Bauchi governor, Bala Mohammed, appoints Ibrahim Kashim new SSG
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  EFCC: 90% of money laundering is through real estate sector
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  Dangote to generate $400m export from urea fertilizer production
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  Gunmen attack Kuru community in Plateau state, kill 12, injure 5
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  PRESS STATEMENT: Army denies killing of soldier in Abia community
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  Supporters, opportunists, spoils, and the irony of June 12