NNPC Pegs 2022 Crude Oil Price At $57/barrel       The Nigerian National Petroleum Corporation on Wednesday provided a base crude oil price scenario in the medium term, stating that the commodity was pegged at $57/barrel for 2022. Group Managing Director, NNPC, Mele Kyari, who disclosed this in...

At $67, Crude Oil Price On Track For Biggest Weekly Drop Crude oil prices plunged to $67 per barrel Thursday, losing about five per cent as trade tensions dampened the demand outlook, putting the crude benchmarks on course for their biggest daily and weekly falls...

Crude Oil Price Increases To $68 As Supplies Tighten Crude oil price climbed more than one per cent with United States crude hitting a 2019 high yesterday after tight supply and positive signs for the global economy drove both benchmarks’ largest first-quarter gains in nearly...

Excess US Inventories Cause 1% Decrease In Crude Oil Price   Oil prices sank about 1% Wednesday after a United States government data showed that the country’s crude stocks unexpectedly rose last week as exports slowed due to a chemical spill at the country’s busiest energy...

Crude oil price rose towards $59 per barrel wednesday to sustain Tuesday’s rallies where it gained one per cent after the Saudi Energy Minister, Khalid al-Falih, said the focus remained on reducing oil stocks in industrialised countries to their five-year average. The minister’s statement had...