Crude Oil Price Hits $91 per Barrel  Brent Crude price has surpassed the $90 per barrel threshold and surged past the $91 per barrel mark as of Sunday. Global crude oil prices reported a second straight weekly gain and hit six-month high levels as markets watched...

Amid Middle East Tension, Brent Crude Price Hits Rooftop Brent crude price rose by 2.3 per cent to $79.18 per barrel on Friday amid tension in the Middle East. According to figures from oilprices.com, Brent was trading at $79.19 per barrel as of the earlier Friday...

Brent Crude Hits $92 Per Barrel   Oil price, on Friday, edged up to over $9o a barrel for the first time since November 2022. Brent crude, the global oil benchmark, increased by 1.69 percent to $92.23 a barrel, while US West Texas Intermediate jumped 2.02 percent...

Oil Prices Set For $105 On Global Demand Growth   Solid growth in global oil demand is set to drive oil prices to above $100 this year and Brent Crude could trade at $105 per barrel by the fourth quarter. Also, global oil demand is set to...

Oil Price Gains 2%, Rises To $85/Barrel   The global benchmark for crude oil, Brent Crude, has risen by 2.5 per cent and traded above $85 on Tuesday as a result of expectations that China might ease its COVID-19 restrictions. Oil market updates by oilprice.com showed that...

OPEC Decision On Oil Production Cut, Unanimous – FG   The Federal Government on Tuesday said the decision by the Organisation of Petroleum Exporting Countries (OPEC) to cut two million barrels of crude oil production was a unanimous one. It said the step was taken to stabilise...