Oil prices rise amid geopolitical tensions
Oil prices saw a modest increase on Thursday, with Brent crude rising 0.2 per cent to $72.97 and U.S. West Texas Intermediate…
oil price
Global oil price may keep rising before 2045 – OPEC
The global oil demand is anticipated to continue increasing in the upcoming years before gradually declining starting in 2045. The Times reported…
Oil prices surge as Saudi Arabia prepares to cut output
Saudi Arabia has announced a significant cut of one million barrels per day in its July production. The decision by the leading…
Oil prices decline as U.S opens reserve
PThe United State government expressed a decline in oil price on Tuesday after it said it would provide more from its Strategic…
Russia to cut oil output by 500,000 bpd
By Christian George Russia is hoping to reduce its oil production by 500,000 barrels per day in March. Deputy Prime Minister…
Russia rejects EU, G7 oil price cap
Russia on Saturday rejected a $60 price cap on its oil agreed by the EU, G7 and Australia, which Ukraine said would…
External reserves fall by $196m in eight days
Nigeria’s external reserves fell slightly by $196m in eight days to $39.62bn as of April 28, according to figures obtained from the…