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How Oil Could Go To $100 Per Barrel

By Steven Kopits In its February Short Term Energy Outlook (STEO), the EIA forecasts this month's world oil consumption at 96.7 million barrels per day (mbpd)....
Business

Global Oil Prices Storm To Nine-month High

Oil prices hit a nine-month high early on Thursday after U.S. government data showed that crude stockpiles fell last week and on optimism over...
Headline

COVID-19: Excitement As Oil Price Hits $50 Following Vaccine Rollout

Brent Crude hit $50 a barrel on Thursday morning for the first time since oil prices crashed in early March, as hopes of swifter-than-thought...
Business

Fresh Oil Price Crisis Faces Nigeria, Others As Europe’s Lockdowns Crash Prices

Oil prices crash below $40 as Europe imposes lockdown for  the second wave of coronavirus. It was another oil crisis for Nigeria Thursday as oil...
Business

Oil Crisis: Fresh Concern Mounts In Nigeria As Goldman Sachs Predict Drastic Deficit Next Month

Glut Expected as 117 Tankers Head to China Experts Hail Swift OPEC+ Oil Cut Deal For Nigeria, a country whose  economy is about 97%...

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