Tag: oil price
Oil prices climb toward $70 as US-Iran rift deepens
As of the latest checks, Brent crude was trading at $69.25 per barrel, while Murban crude was selling at $69.51.…
Oil price drops again
Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising…
Oil price to hit $100 – Iran
A senior Iranian commander has dismissed the United States’ aggressive posturing against Iran, reasoning that any potential confrontation in the…
Oil price rises to $71 a barrel
Oil hit a five-month high above 71 dollars a barrel on Tuesday, supported by concern that violence in Libya could…
Excess crude account depletes amid oil price volatility
Programme Coordinator of the Nigeria Natural Resource Charter (NNRC), Tengi George-Ikoli, has expressed fears that the dip in oil prices…
2019 budget oil price benchmark: Minister allays fears
The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, on Wednesday in Abuja allayed fears over the oil…
Oil prices slip amid worries of severe economic slowdown
Oil prices slipped on Monday, with concerns of a sharp economic slowdown outweighing supply disruptions from OPEC’s production cutbacks and…
Oil price rises to $73 a barrel
Oil rebounded to $73 a barrel on Wednesday after falling to its lowest since August, supported by a report that…
Oil price rise, currency drop raise inflation threat in Ghana
The combination of rising oil prices and the fall in Ghana’s currency is threatening to push up inflation, the country’s…
Factors beyond producers’ control are impacting oil market – OPEC
OPEC Secretary-General, Mohammad Barkindo, said on Thursday that there are many non-fundamental factors influencing the oil market that are beyond…
Oil prices slip as IMF cuts growth outlook
Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were supported as Hurricane Michael…
Iran sanctions: Traders bet on oil at $100 per barrel
Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a…
Oil prices at 4-year high
Oil prices jumped more than 2 per cent to a four-year high on Monday after Saudi Arabia and Russia ruled…
Iran sanctions: Oil price rises as markets tighten
Oil prices rose on Monday as U.S. markets tightened just weeks ahead of Washington’s plan to impose new sanctions against…
U.S-China trade war: Oil prices approximately $80
Asian stocks followed global indexes higher on Thursday as investors took a less bearish view on the impact of the…