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Oil Flirts With $70 After The OPEC+ Surprise

Brent is now flirting with the $70 mark after OPEC+ shocked markets once again by refusing to bring more oil production online. Oil skyrocketed on Thursday after...
Business

Oil Hits 14-month High After OPEC+ Extends Output Cuts

Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after OPEC and its allies agreed not to increase...
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Oil Rises On Expectations Of Tighter Market

By Tsvetena  Paraskova  Oil prices rose by more than 1 percent early on Friday, supported by expectations of a tightening market ahead and a weaker...
Business

Oil Prices Go Past $50pb As Explosion Rocks Oil Ship Near Saudi Port

Agency Report -- Oil prices rose on Monday, pushing Brent oil above $50 a barrel and West Texas Intermediate just a few cents below...
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

Respite For Nigeria As Oil Prices Near $50pb On OPEC+ Agreement

Nigeria's badly hit economy may emerge out of the waters sooner than projected as global oil prices recorded some gains Friday, marking the fifth...
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...
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