You are here
Home > Oil price

Oil prices in weekly loss over trade row

Oil prices in weekly loss over trade row

Crude prices edged higher on Friday, but retreated from session highs and were headed for another weekly decline on worries that oversupply would weigh on the United States market while trade disputes and slowing global economic growth would slow demand for oil. The US crude was on track for its seventh consecutive weekly decline and […] …

Iran sees oil price hitting $100 amid supply disruptions

Iran sees oil price hitting $100 amid supply disruptions

‘Femi Asu with agency report Oil will soon cost $100 per barrel due to supply disruptions caused by the United States President, Donald Trump, Iran’s representative at the Organisation of Petroleum Exporting Countries, Hossein Ardebili, has said. The international oil benchmark, Brent crude, was trading around $77.49 per barrel as of 8:20pm Nigerian time on […] …

Oil price fall to $75 pb on rising supply by US

There are indications that the oil industry of the United States of America, USA, is now capitalizing on the recent upsurge in oil prices to pump-up volume in the market, leading to excess supply glut and slump in prices.
The post Oil price fall to $75 pb on rising supply by US appeared first on Vanguard News. …

FG must build buffers to protect Nigerians from fluctuations in oil price – Teriba

How Nollywood actress, Nancy Isime was turned into a man

Chief Executive Officer, Economic Associates, Ayo Teriba, in this interview, argues that Nigeria could have avoided the economic recession, devaluation and inflation that accompanied the loss in foreign exchange revenue due to decline in crude oil price between 2014 and 2016, if government had taken the right step namely to build external reserves buffer that will protect the nation from the vagaries of the crude oil market.
The post FG must build buffers to protect Nigerians from fluctuations in oil price – Teriba appeared first on Vanguard News. …

Oil price hits $80 per barrel, highest since 2014

Despite the huge N500 billion mark up on the Federal Government’s expenditure outlay in the 2018 Appropriation Bill as passed by the National Assembly earlier this week, the government is still going to hit budget surplus at end of the fiscal year as the price of oil shot up to $80 per barrel, yesterday, the highest since November 2014.
The post Oil price hits $80 per barrel, highest since 2014 appeared first on Vanguard News. …

Top