Tags Oil Price

Tag: Oil Price

Nigeria posts $434.85m crude oil sales amid falling prices

Amid global fall in crude oil price, Nigeria recorded crude oil and gas export sales of $434.85 million in January, 2020, an increase of 94.30 per cent pitched against the December 2019 figures.

Crude oil dives to 22-year low, sells at $11 as global glut annihilates price

US oil prices dived to 22-year lows at just $11 Monday after crashing almost 40 percent in a market flooded with crude and slammed by evaporating demand in the face of the coronavirus pandemic.

Coronavirus: Prepare for recession, Economic council tells Buhari

The Presidential Economic Advisory Council (PEAC), has on Tuesday urged president Muhammadu Buhari to prepare for another round of looming economic recession as a result of the raging coronavirus pandemic currently sweeping across the globe.

Oil Price Slump: FG considers reduction of pump price

The federal government has started consultations over the possibility of reducing prices of petroleum products following slump in price of crude oil at international markets as coronavirus pandemic continues to wreak havoc.

Oil price slump: prepare for tough times, NNPC boss, Mele Kyari tells Nigerians

Mr Mele Kyari, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) has urged Nigerians to prepare for more tough time in few months following the crash in the prices of crude oil due to outbreak of coronavirus.

Oil prices spike as US, Iran altercation degenerates

Oil prices climbed up with about three percent on Thursday amid escalating tensions in the Middle East as US alleged that its military drone was shot down by an Iranian missile.
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