Tag: oil prices
Oil prices rise above $60 per barrel
Crude oil rose above 60 dollars a barrel on Friday for the first time this year, bringing gains this week…
Oil prices fall further in Asia, Nigeria badly affected
Nigeria will need to review its budget estimate yet again for this year, as oil prices continue to go downwards.…
Oil prices nudge higher as OPEC meets to discuss cut
Oil prices nudged higher Tuesday as many dealers bet that the OPEC cartel is unlikely to agree on any cuts…
Fresh concerns as oil prices down in Asian trade
Oil prices extended their losses in Asia Tuesday after Japan’s economy slumped into recession, while prospects for an OPEC output…
Slump In Oil Prices: A Progressive Way Out, By Bola Tinubu
Awash in the great tide of politics, we must not forget why politics can be a noble endeavor. It leads…
Oil prices linger amid OPEC output cut speculation
Oil prices traded mixed Tuesday as the market gauged the outlook for an OPEC oil production cut amid abundant global…
Oil prices rise on surprise slump in US crude stocks
World oil prices rallied on Wednesday following news of tumbling crude reserves in top consumer the United States. The US…
Imminent military strike on Syria jacks oil prices
Oil prices soared in Asia on Wednesday as Western powers prepared for possible military action against Syria over the regime’s…
Egypt crisis hikes oil prices
Oil prices rose sharply in Asian trade Wednesday on growing concerns that the escalating political crisis in Egypt could affect…
Oil prices weaken further
Oil extended its losses in Asian trade on Thursday on weak Chinese manufacturing data and a stronger dollar, analysts said.…
Oil prices take a dive
Oil prices diverged on Tuesday after New York crude struck an eight-month low with euphoria fading over a bailout deal…
oil prices continue to fall
Brent oil prices sank under $100 a barrel on Friday for the first time in eight months, hit by weak…
Crude oil prices slump
Oil prices dived to fresh multi-month lows Thursday, driven by weak data in top global crude consumer the United States,…
Oil prices slide
World oil prices fell sharply on Wednesday following recent gains after figures showed a much larger-than-expected increase in crude inventories…
Obama Wants America reduce oil import
American President Barack Obama has sounded a future policy warning that will terribly hurt Nigeria’s mono-cultural export, oil. In a…