Oil’s getting hammered by a unique concurrence of demand and supply shocks that could send prices into the $20s, according...
Oil prices crashed by as much as 30 per cent after Saudi Arabia fired the first shots in a price war,...
Nigeria’s economic advisory council had its meeting in Abuja on Friday and Saturday and Doyin Salami, the Council’s chair, is...
Business leaders are angling for President Muhammadu Buhari to address the country as the drastic slump in oil prices leaves...
The All Share Index opened on a choppy note on Monday tracking sell-offs that followed the fallout of an oil...
The fast-spreading coronavirus had not reached Nigeria when the impact of the deadly diseases started to be felt by industries...
Oil majors, British Petroleum and Shell are down 20 percent this morning as the oil price crash sends shock waves...
Brent crude, the international benchmark, fell to its lowest since 2016 before seeing a modest recovery to $33 per barrel...
In a matter of seconds, oil prices plunged 31% in Asia on Monday morning as the market reacted to what...
Saudi Arabia has launched an aggressive oil price war targeting its biggest rival producers after Russia refused to join production...
The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC members including Russia failed to agree on export curbs to shore...
From chasing companies with proposals for websites designing 13 years ago to becoming one of Oyo’s accomplished entrepreneurs with statement...
Oil majors including Exxon Mobil Corp. and Royal Dutch Shell Plc are facing uphill battles to convince U.S. courts to...
Oil price collapsed to $45 Friday after talks between OPEC ministers and their Russian counterpart on proposal to cut oil production...
Nigeria recorded about 89.91 thousand Metric Tonnes (MT) national consumption of Liquefied Petroleum Gas (LPG) in January 2020, the Petroleum...