Angola is leaving OPEC
... triggers crude price decline Oredola Adeola with agency reports Angola, the second largest oil producer in...
World News
OPEC pegs Nigeria’s crude oil quota at 1.5m bpd for 2024
... as Amb. Aduda becomes Alternate Chairman for OPEC Board of Governors Oredola Adeola The OPEC secretariat has...
Net-Zero target: UK delays ban on petrol, diesel cars until 2035, to ease transition to EVs, give families time to prepare
Oredola Adeola The United Kingdom Government has pushed back the deadline for the ban on petrol and diesel...
Petrol, diesel prices hike looms, as Brent crude hits $92 per barrel, highest since November 2022
Oredola Adeola Brent crude price on Wednesday, September 13, 2023, hit $92 per barrel as global crude oil traded...
As Brent hits $90 per barrel, Saudi, Russia voluntary cut strategy is failing: Here is why
Oredola Adeola Saudi Arabia and Russia have announced the plan to extend voluntary oil cuts of 1 million...
Fire engulfs US petroleum refinery storage tank in Louisiana due to chemical leak
Oredola Adeola A Marathon Petroleum refinery storage tank in Garyville, Louisiana, United States, caught fire on Friday due...
Petrol subsidy removal: Marketers turn to Russia, Middle East, leaving Europe refineries in DUST
Oredola Adeola Nigeria's demand for Europe-refined Premium Motor Spirit (Petrol) has declined following 56% drop in average monthly West African...
Crude oil prices consistently hover below $75 per barrel Nigeria budget for oil benchmark
Oredola Adeola The price of Brent Crude, Nigeria's spot oil benchmark, has consistently maintained a decline below $75 per barrel...
Brent crude oil price dips to $72 per barrel below Nigeria’s budget benchmark
Oredola Adeola Global oil prices have consistently lost momentum, as both Brent and West Texas Intermediate (WTI) crude oil...
Global oil prices sink below $80/b, as another US bank fails, China’s manufacturing suffers contraction
Oredola Adeola The second-biggest bank collapse in the United States since the 2008 crisis and data pointing to a...
