Oil benchmark lowered over expected crude glut, says finance minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said…
Oil price up as Trump calls OPEC to lower prices
Oil prices were mixed on Friday after falling in the previous session…
OPEC agrees to boost oil production by 1mbpd
Ministers of the Organisation of the Petroleum Exporting Countries (OPEC) have agreed…
Oil prices race to $80 over Europe’s resistance to U.S sanction on Iran
Oil prices steadied below 3-1/2 year highs Monday as resistance emerged in…
Nigeria’s Brent crude crosses $72 mark, production hits 1.81mbpd
Nigeria’s Bonny Light crude oil price touched it’s highest since 2014 at…
Oil prices rise to $70 on strong economy amid OPEC cuts
Oil prices were firm on Wednesday, receiving ongoing support from healthy economic…
Oil price inches towards $70, 44% above benchmark
Crude oil price has risen by $20 per barrel above Nigeria’s benchmark…
Kachikwu seeks consensus among OPEC members, as oil producers fail to reach output freeze deal
The Minister of State for Petroleum Resources and Group Managing Director of…
DG Budget Office, Bright okogwu resigns
The Director- General of Budget Office of the federation, Dr. Bright Okogwu,…
Nigeria struggles to sell oil cargoes, offers discounts to Asian buyers
Almost half of Nigeria’s cargoes due to be exported in January are…