We Have Lost A Huge National Asset - Buhari Mourns Barkindo   President Muhammadu Buhari has said he is deeply saddened by the death of Alhaji Mohammed Sanusi Barkindo, the Secretary-General of Organisation of Petroleum Exporting Countries (OPEC).   The President in a statement by his spokesman, Femi...

Oil Marketers Concerned About Possible Unrest When Prices Rebound         Petroleum marketers have urged the Federal Government to take decisive steps in addressing deregulation concerns in the downstream sector to avoid a civil unrest that may arise when oil prices rebound. According to the Major Oil Marketers...

OPEC Raises 2020 Demand Forecast Over China’s Recovery       The Organization of the Petroleum Exporting Countries (OPEC), has raised its global oil demand forecast for 2020 by 60,000 barrels per day (b/d) from last month to 90.29 million b/d in October, as it sees an improvement...

Naira Gains N8 As Equities Make N778bn       The naira appreciated by N8 in the last one week at the parallel market and the equities market recorded major gains of N777.9 billion as oil prices picked up. The All Share Index (ASI) grew by N778 billion to...