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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...

Energy

Oil Crisis: Hope Rises As FG Moves To Ship Highest Oil Cargoes To China

Respite is coming the way of Nigeria which has been battling with the double crisis of falling oil price occasioned in main by the...

Business

Oil Price: 32 States May Go Broke As Oil Plummet To $11 per barrel…

Lagos, Rivers, Delta May Fall Back on IGR By Hamilton Nwosa (Head, The New Diplomat Business and data tracking desk) As Oil price continues to...

Business

Oil Price: Anxiety As Oil Crashes Towards $17 per barrel

By Hamilton Nwosa ( Head, The New Diplomat’s Business and data tracking desk) Despite Saudi Arabia, Russia, United States, Nigeria, and 19 other countries historic...

Business

The New Diplomat’s Oil Price Crisis Debate: Which Way Forward?

Oil Autocrats Are Struggling To Keep Their Power By Haley Zaremba This week began with a bang for the oil markets. On Sunday the members of...

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