Petrol sells above N500/litre in Nigeria as crude rallies to $116/bl
Charles Abuede
March 4, 2022
BY: CHARLES ABUEDE The continued fuel scarcity in some states in Nigeria is creating more problems for Nigerians with businesses and
Global commodities see prices boil on Russia sanctions
PHILLIP ISAKPAMarch 2, 2022
BY: PHILLIP ISAKPA A slew of Western sanctions directed at Russia in the wake of the country’s invasion of Ukraine kept global
Oil prices rise $1/bbl on virus vaccine hopes, EU stimulus deal
Businessam StaffJuly 21, 2020
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 fall as COVID-19 infections rise
Businessam StaffJuly 20, 2020
Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously
N’Assembly raises 2020 budget oil price benchmark to $28
Businessam StaffJune 3, 2020
The National Assembly yesterday increased the oil price benchmark to $28 per barrel from the $25 proposed by the executive in the
Oil price crash: SEC boss calls for emergency measures
Businessam StaffMarch 12, 2020
Acting Director-General of the Securities and Exchange Commission, SEC, Ms. Mary Uduk, yesterday, has called for emergency measures to
More revenue worries for Nigeria as oil price crashes to $33, loses $11 in hours
BusinessamliveMarch 9, 2020
The international oil benchmark, Brent crude, which stood at $45.72 per barrel on Sunday, has slumped to $33 per barrel. Oil prices
Global oil demand growth is evaporating
Businessam StaffFebruary 11, 2020
The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic and
US becomes net crude oil exporter, first time ever
Businessam StaffDecember 5, 2019
The United States exported more crude oil and petroleum products than it imported in September 2019 — the first month in which America