Tag: oil prices
Bad news for Nigeria as crude oil prices crash
More crushing news for Nigeria comes from the oil market as Brent crude price drops below $40 a barrel for…
Oil prices rise on back of China’s huge booking for US crude
Oil prices rose on Monday as China’s plans to ship in large volumes of U.S. crude in August and September…
Oil prices fall as virus cases explode
Oil prices moved southwards on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and…
China suspends gasoline price adjustment
China's top economic planner said Thursday that it would keep domestic gasoline and diesel prices unchanged as the international crude…
Oil prices rise as China’s imports hit all-time high
Oil prices climbed on Monday after OPEC+ agreed to extend a deal on record output cuts to the end of…
Oil prices fall on doubts over output cuts
Oil prices dropped on Thursday, reversing Wednesday gains , on concern over whether major crude producers will be able to…
20 April : Unforgettable day for global crude oil prices
U.S. crude oil futures collapsed below $0 on Monday, 20 April for the first time in history. amid a coronavirus-induced…
Trump mulls stopping Saudi oil shipments as oil prices plunge into negative
U.S. President Donald Trump said on Monday that his administration was looking at the possibility of stopping incoming Saudi Arabian…
No buyer for crude, price crashes below $2 a barrel
The U.S. crude futures plunged more than 85% on Monday to the lowest price on record as storage space for…
Updated: Oil prices regain some ground but still very low
Oil prices regained some ground in volatile Asian trade on Monday, but remained at multi-year lows due to the double…
Oil prices continue free fall, may plunge below $20
Oil prices fell more than $1 a barrel at the start of the trading session early Monday, as demand outlook…
Oil prices sink further
Oil prices fell for the second straight day on Thursday amid a broad decline in global markets after the United…
Bad news for Nigeria: UAE joins oil price war by jacking output
It's looking gloomier and gloomier for Nigeria in the oil sector as the United Arab Emirates, OPEC’s third biggest producer…
Nigeria’s daily losses from falling oil prices huge
With oil erasing over a third of its value this week after a messy breakup of the OPEC+ alliance, Nigeria…
Updated: Oil prices fall to $31 in wake of Saudi price war
Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia by slashing…