Crude oil price

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Crude Oil Price Drop Below $60 Heightens Concerns For Weaker Naira, Wider Budget Deficit

The recent plunge in crude oil prices below $60 per barrel has raised significant concerns for Nigeria’s economy, particularly regarding the Naira’s stability and the widening budget deficit. The crash in global crude oil prices in recent

Victor Ezeja

May 6, 2025

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists

Markets·News·Oil & Gas·World News

Crude Oil Prices Surge To $86 Amidst Ukraine’s Attacks On Russian Refineries

The global crude oil market has been rocked by a surge in prices, triggered by relentless attacks on Russian refineries by Ukrainian fighters. Within just a week, prices of various crude oil

Emmanuel Ochayi

March 19, 2024

News

Uzodinma Berates Oil Majors In Nigeria Over Environmental Negligence, Questions Their Investments

Imo State Governor, Hope Uzodimma, has raised concerns about the activities of major oil players—Shell, Mobil, Chevron, and TotalEnergies, questioning the genuineness of their investments in the Nigerian oil and gas sector.

Victor Ezeja

January 29, 2024

Concerns For Nigeria's Oil Market As Over 60 Million Barrels Remain Unsold

Business·Oil & Gas·World News

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Global crude oil prices have surged following the Hamas attack on Israel, resulting in a tragic loss of over a thousand lives on both sides. This incident follows a previous dip in

Emmanuel Ochayi

October 9, 2023

Business·Oil & Gas

Nigeria Continues Subsidy As ₦617 Pump Price Retained Despite Crude Nearing $100 Per Barrel

There are feelers that the Nigerian government has quietly restored the fuel subsidy removed few months ago as it appears to maintain the price cap of ₦617/per litre even when the prices

Victor Ezeja

September 20, 2023

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Business

Nigerian, US, UK Stock Markets Fall To Soaring Inflation, Higher Interest Rates, Two Others

Investors’ confidence in the stock markets globally is declining in the face of higher interest rates, soaring inflation, impending recession, and falling oil prices. This led to the global stock market’s All-World

Fakoyejo Olalekan

September 25, 2022

Business·Oil & Gas

Crude Oil Price To Hit $45, As US Firms, Citigroup, Goldman Sachs Disagree Over Cost

American banks are divided over the future price of crude oil, as Citigroup and Goldman Sachs issue opposing forecast regarding the commodity that has skyrocketed to $102.9 per barrel globally. Since trading

Fakoyejo Olalekan

July 5, 2022

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Crude Oil Price Drop Below $60 Heightens Concerns For Weaker Naira, Wider Budget Deficit

Crude Oil Prices Surge To $86 Amidst Ukraine’s Attacks On Russian Refineries

Uzodinma Berates Oil Majors In Nigeria Over Environmental Negligence, Questions Their Investments

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Nigeria Continues Subsidy As ₦617 Pump Price Retained Despite Crude Nearing $100 Per Barrel

Nigerian, US, UK Stock Markets Fall To Soaring Inflation, Higher Interest Rates, Two Others

Crude Oil Price To Hit $45, As US Firms, Citigroup, Goldman Sachs Disagree Over Cost

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