Oil prices rise $1/bbl on virus vaccine hopes, EU stimulus deal
Businessam Staff
July 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
Oil prices edge high as cautious trade-pact optimism provides a floor
Businessam StaffNovember 27, 2019
Oil prices edged higher Wednesday, on a path for a fifth gain out of six sessions, as cautious optimism for a trade pact between the
Oil holds near two-month high on OPEC+ extension expectations
Businessam StaffNovember 22, 2019
Oil prices held near two-month highs on Friday, set for a third consecutive week of gains on expectations of an extension to OPEC+