By Olivia Nnorom …as ex-diplomats, foreign ministers lend voice Pressure is mounting from many quarters on Nigeria’s President

  By Innocent Obasi     Nigeria’s revenue from crude oil could increase shortly as Shell Petroleum Development Company

BY CHISOM NWATU Nigeria’s crude oil production lost 1.53 percent to an average of 1.219 million barrels per day (mbpd) in the month of

BY: Moses olajuwon Obajemu   The United States has targeted European market by flooding it with its crude oil thereby threatening

World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the year due to

Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising U.S. oil inventories and a

Outlook for oil demand looked positive on Tuesday, causing oil prices to rise about $1 a barrel on Tuesday, hitting the highest in

Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously

Oil prices fell early on Friday amid surging new coronavirus infections in the United States, which had market participants worried

  The International Monetary Fund (IMF) has projected that Nigeria and other African oil producing countries will lose an