Tag: crude oil
Ahead of Nigeria’s 60th independence on Oct. 1, capital market experts and Organised Private Sector (OPS) players have decried the heavy reliance on oil crude over the years for the nation’s economic development. SEE ALSO: ...
Oil prices fell on Wednesday after an industry group reported a surprise rise in U.S. crude, adding to worries about demand that led to a steep selloff earlier in the week. SEE ALSO: Three Bank ...
Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to extend record output cuts, heightened by worries over a huge build ...
Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has assured investors of the security of their investments in the country in spite dwindling revenue from the sale of crude oil globally. SEE ALSO: Donations ...
Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Wednesday, urged Federal Government to attach premium to palm oil production, saying its price is higher than crude oil’s. Emefiele stated this in Abuja when ...
Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said but the extra crude may be used for domestic power generation rather than providing the boost to exports that ...
Dangote Industries Limited has revealed that its crude oil refinery is expected to produce 65.4 million litres of petrol, diesel, aviation fuel and kerosene daily when it begins operation. The company disclosed this in a ...
Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten ...
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