Oil price – The Business Intelligence

A combination of rising geopolitical risk and supply disruptions has pushed oil prices higher, with Brent looking increasingly likely to break the $90 mark. According

Energy Oil

OPEC oil price fell by 7.5% in November on poor demand, US huge stock – Report

EditorDecember 14, 2023

by EditorDecember 14, 2023073

* November, December unsold volumes weighed on Nigeria’s, others crude differentials. By Emeka Ugwuanyi The Organisation of Petroleum Exporting Countries (OPEC) said the OPEC Reference

Energy Oil

Oil price dips more after OPEC delays meeting

EditorNovember 24, 2023

by EditorNovember 24, 20230145

Oil prices recorded more loss on Thursday, after OPEC announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while

Energy Gas Oil

Oil price jumps as OPEC+ cuts production

EditorApril 4, 2023

by EditorApril 4, 20230122

Brent, the global benchmark for crude oil, jumped in price on Monday, following the voluntary production cuts by member nations of the Organisation of Petroleum

Featured Gas Oil

Oil price surges above $85 amid Omicron impact

Our Reporter January 13, 2022January 13, 2022

by Our Reporter January 13, 2022January 13, 20220307

The international oil benchmark, Brent crude, climbed above $84 per barrel on Wednesday on tight supply and easing concerns about the potential impact of Omicron

Featured Gas Oil

Oil price: Experts dismiss gains as subsidy nears N200bn

Our Reporter June 14, 2021

by Our Reporter June 14, 20210293

After the international crude oil benchmark, Brent advanced above $70 as the PUNCH reported earlier in the month, industry experts see meagre benefits as subsidy

Gas Oil

Oil price rises above $70, OPEC projects demand growth

Our Reporter June 2, 2021

by Our Reporter June 2, 20210236

The international oil price, Brent crude, rose above the $70 per barrel mark on Tuesday, with the Organization of the Petroleum Exporting Countries projecting that

April 2019 Edition