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Oil Prices Will Remain High For Years To Come

...A growing number of major investment banks are turning bullish on oil in the medium to long term. ...A lack of investment is leading to...

Business

Oil Prices Could Explode As U.S.’ Largest Storage Hub Nears Empty

Back in April 2020, the landlocked West Texas Intermediate crude oil price briefly crashed into negative territory - a stunning turn of events that...

Energy

Oil Prices Rally Towards $70 As Demand Outlook Improves

Crude oil prices got a major boost this week thanks to optimistic expectations about demand from OPEC+ and rebalancing fuel inventories in the United States. Brent...

Energy

Three Things That Will Drive Oil Prices In May

The Energy Sector (NYSEARCA:XLE) has taken the lead in the S&P midday sector standings on Wednesday trading, jumping 3.5% as OPEC+ appears ready to stick with earlier...

Energy

Why Nigerian Oil Prices Are Falling

Although it is a very rare occurrence to see Nigerian grades trade at levels stipulated by the Nigerian National Petroleum Company (NNPC) every month,...

Energy

Oil Price Threatened Over Iraq’s Non-Compliance With Oil Cut Deal

Ahead of the Organization of Petroleum Exporting Countries and non-member countries known as OPEC+ Technical Monitoring Committee Meeting next week, there is a palpable...

Business

Hope Rises For Nigeria As Oil Prices Hit 5-Month High

There is hope in the horizon for Nigeria as the price of Brent Crude inched up by 74 cents or 1.7% to close at...

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