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...