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Crude Oil Price Hits Four-year High after OPEC Rebuffs Trump

Crude oil prices jumped more than two per cent to a four-year high yesterday after Saudi Arabia and Russia ruled out any immediate increase...

Nigeria’s crude oil production may rise by 180,000bpd next year

Nigeria’s crude oil production is expected to rise further if Royal Dutch Shell and its partners, next year, decide whether to go ahead with...

Tighter Supply Outlook Shores up Crude Oil Prices to $75

Crude oil prices rose Monday with the global benchmark, Brent crude settling at $75 per barrel, as traders kept the focus on global supply...

No major growth in ECA despite oil price surge, experts lament

Nigeria has not made any significant deposit into her Excess Crude Account (ECA) between July 2017 and January 2018, when crude oil price began...
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