Tag: Crude oil
GLOBAL SHIFT: Ten likely outcomes following UAE’s departure from OPEC
The United Arab Emirates (UAE) made up of Abu Dhabi, Dubai, Sharjah, Ajman, Fujairah, Ras Al-Khaimah and Umm…
Strait of Hormuz Crisis: Oil, Fertilizes, Steel, Other Commodities Affected, Impacting Nigerians
The escalating situation in the Strait of Hormuz continues to pose substantial concerns to global energy security and…
NNPC: Crude oil in commercial quantity discovered in Benue Trough
The Nigerian National Petroleum Corporation (NNPC) on Friday disclosed that the crude oil found in the Benue Trough…
Marketers seek hike, petrol may sell N150 per litre
There are reports that marketers are pushing for an upward review as Premium Motor Spirit (PMS) petrol may sell…
JUST IN: US Oil price collapses to $0.01 per Barrel
The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic…
Buhari Meets Security Chiefs, Orders Them to End Crude Oil Theft
President Muhammadu Buhari on Thursday in Abuja challenged security chiefs on the need to bring an end cases…