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oil price
Prices Slip As U.S. Crude Output Nears 12Million bpd
Oil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening...
Crude Oil prices hit 1-year lows, investor sell-offs hit Eurobonds
24/11/2018/Zedcrest Capital ***Brent crosses below national budget benchmark, increases pressure on reserves*** KEY INDICATORS Indicator Value Commentary Inflation 11.26% As at November...
Nigeria’s Fuel Subsidies Bill Set To Soar On Rising Oil Price
13/10/2018/FDC Rising crude oil prices are set to send Nigeria’s bill for fuel subsidies rocketing, threatening to exacerbate the already precarious economic situation...
Global oil price drops to $83 on expectations Iran will maintain some exports
The global price of oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep...
Oil prices higher as U.S. sanctions limit Iran exports
Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November. Brent crude...
Oil approximately $74 on report of U.S. inventory drop, Iran sanctions
Brent oil rose to approximately $74 a barrel on Wednesday as an industry report showing a drop in U.S. crude inventories and U.S....
Oil prices rise as U.S. renew sanctions against Iran
Oil prices rose on Tuesday as the U.S. reintroduced sanctions against major crude exporter, Iran, tightening global markets. Meanwhile, heatwave across Europe...
Oil steady after G20 warns of risks to growth
Oil prices stabilised on Monday as worries over production losses were outweighed by concerns that trade disputes would reduce economic growth and...
