Petrol sold above N130 in 17 states, says NBS
Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre in 17 states in April,
Oil prices climb, bolstered by ongoing supply curbs
Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as fuel demand
Petrol price may increase as Brent stabilises around $35/barrel
Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of a
Oil falls on fears of second coronavirus wave
Oil prices fell on Monday as investors worried about a second wave of coronavirus infections, but new output cuts from Saudi Arabia
Oil trader owes $9 million after starting the day with $77,000
By Zerohedge.com The April 20 historic oil price crash that sent the prompt May WTI contract plunging to the unheard of price
Oil prices fall as rising U.S. inventories reassert supply concerns
Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after U.S. crude
Focus shifts to G20 meeting for OPEC++ deal as OPEC+ ends oil price war
From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from
Oil futures rise on hopes of production cuts
Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut
African Energy Chamber urges OPEC to reach a deal on ending oil price war
…organization meets in Vienna on Thursday Ben Eguzozie, with agency report As member-countries of the petroleum producers’ group, OPEC
Seplat grows profit 13.4% to $270m in 2019
By Omobayo Azeez Seplat Petroleum Development Company Plc recorded 13.4 per cent uptick in profit before deferred taxes to $270m for