The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday warned that an oil…
Tag: crude oil
NNPC rakes in $470m from crude oil, gas export in August
The Nigerian National Petroleum Corporation (NNPC) has said it earned $470 million from crude oil and…
Japan to resume crude oil imports from Iran
Japan’s Trade Minister, Hiroshige Seko, on Tuesday, said Japanese buyers of Iranian crude oil are expected…
Crude oil dips over global economy outlook
Crude oil prices on Monday fell, as concern over the global economy put crude on track…
Crude oil dips over demand concerns
Crude oil on Wednesday fell towards $75 a barrel to its lowest since late August, pressured…
2018 a bad year for crude oil tankers – BIMCO
A historically bad crude oil tanker market is struggling to find solid support, BIMCO said in…
Crude oil falls as Saudi, Russian hike output
Crude oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic…
Navy impounds crude oil vessel in Delta
The Nigerian Navy Ship (NNS), Delta has impounded a vessel containing over 386,000 litres of crude…
Is the recovery of crude oil price a good omen for Nigeria?
The rising crude oil price should have a favourable impact on the Nigerian economy. Granted that…