oil price news

  1. Nigeria Business News

    Business Naira stability: CBN sells N299bn T-bills in one week – Newtelegraph

    With the recent downward movement in oil prices resulting in a decline in the nation’s external reserves and triggering concerns over naira stability, the Central Bank of Nigeria (CBN) auctioned a total of N299billion worth of Treasury Bills between August 7 and 15, to lure foreign inflows...
  2. Nigeria Business News

    Business Oil Prices Surge After Suspected Tanker Attack Near Iran – Leadership Newspaper

    Oil prices jumped as much as 4 per cent on Thursday after a suspected attack on two tankers in the Gulf of Oman near Iran and the Strait of Hormuz, through which a fifth of global oil consumption passes..... Read more via Leadership Newspaper – http://bit.ly/2ICgbQq Get more: Nigeria...
  3. Nigeria Business News

    Business Oil Prices hit 6-months high, as Trump moves to completely stop Iran’s oil export – Nairametrics

    Oil prices have once again continued bullish run by spiking to a six-month high. Specifically, Brent crude futures jumped more than 3 percent to $74.36 per barrel in the early hours of today, hitting the highest level since November 1st, 2018. Also, West Texas Intermediate crude futures rose...
  4. Nigeria Business News

    Business Oil Extends Gains to Highest Since November on Libya, Iran Conflicts – Bloomberg

    Oil held gains near the highest since late October as an escalation of geopolitical conflicts in Libya and Iran belied technical indicators suggesting the rally is overdone. Futures were steady in New York, after gaining 3.7 percent... Read more via Bloomberg – https://bloom.bg/2ImiVTF Get...
  5. Nigeria Business News

    Business Oil prices rise, adding to biggest quarterly gain in 10 years By Reuters – Investing.com India

    TOKYO, April 1 (Reuters) - Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy... Read more via Investing.com India –...
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    World Oil price up as Donald Trump calls OPEC to lower prices – TODAY.NG

    Oil prices were mixed on Friday after falling in the previous session as US President Donald Trump ... Read more via TODAY.NG – https://ift.tt/2psVi0M Get more World News
  7. curator

    $100 per barrel oil price not in our best interest –Amieye-Ofori, Energia CEO – The Sun News

    Contrary to the lamentations of some stakeholders that the drop in oil prices was a major setback to the oil and gas industry, the Managing Director and Chief Executive Officer (CEO) of Energia Limited, Mr. Felix Amieye-Ofori, has a different view of such a development. … Read more via The...
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    Business Crude Oil Hits $64/ Barrel As Buhari Proposes $45 In 2018 Budget

    Crude oil prices rose more than 3 per cent on Monday, hitting 30 months high, just as President Muhammadu Buhari is set to present 2018 budget estimates to the National Assembly with a proposal of $45 per barrel of oil next year. The sharp rise in oil price came as Saudi Arabia’s crown prince...
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