Crude Oil Price Drops To $86 Per Barrel     Brent, the global benchmark for crude, dropped in price on Sunday as virtually all oil grades witnessed reduced prices on the first day of the week despite efforts by the Organisation of Petroleum Exporting Countries (OPEC) to...

Crude Oil Price Hits Over $100/barrel   The price of crude oil climbed above the $100 mark on Sunday hitting $101.16/barrel after trading around $98/barrel since Tuesday, as oil marketers in Nigeria maintained an increased pump price for Premium Motor Spirit, popularly called petrol, higher than...

Oil Price Reaches $83.37/Barrel As OPEC Meets Today   Oil price in the Organization of the Petroleum Exporting Countries (OPEC) daily basket price stood at $83.37 a barrel on Tuesday, ahead of the 22nd OPEC and non-OPEC Ministerial Meeting, scheduled for Thursday. In a statement, the organization...

Brent Crude Now $85.62/barrel       The Nigerian National Petroleum Corporation (NNPC) on Monday said Brent crude sold $85.62 per barrel. According to the report, the crude gained $0.76, indicating 0.90%. A Reuters report attributed the rising price to soaring demand following the recovery from the COVID-19 pandemic, boosted...

Brent Crude Hits $83.99/barrel   Brent Crude at 12:50pm on Monday hit $84.50 per barrel, according to the Nigerian National Petroleum Corporation (NNPC). Its data indicated that the black gold gained $2.11 per barrel to rise at 2.56%. The surge followed a rise in demand for energy that...