Olusola Bello

The approval by the Federal Government of $1.5 billion for the rehabilitation of Port Harcourt Refinery has generated a lot of controversy. It is, for this reason, that Olusola Bello tries…

The price of crude oil in the last two weeks rallied between $59 and $62 per barrel, the highest in thirteen months. This was after oil price sank to historical lows in the wake of the…

OPEC has said that COVID- 19 pandemic remains the overarching concern in the global economy. It says the ongoing lockdowns in many Western economies are dampening the economic recovery in…

Nigeria’s crude oil is currently making waves among India refiners, as the current action by Saudi Arabia of reducing crude supply to the international market has enable Nigeria to maximise…

Nigeria may demand increased daily crude oil production from OPEC+ in March when the restriction placed on the country’s production quota is expected to be lifted. OPEC+ had placed the…