oil prices

KEY POINTS Nigeria’s crude oil output in October reached 1.401 million barrels per day, marginally higher than September’s 1.39 million barrels per day, according to the latest Organisation of Petroleum …

KEY POINTS Oil prices gained on Monday as signs emerged that the prolonged US government shutdown could soon end, fuelling optimism about renewed demand from the world’s largest consumer of …

KEY POINTS Oil prices fell on Wednesday as fresh signs of oversupply rekindled market fears of a global glut, dragging Brent crude below $64 per barrel and pushing West Texas …

KEY POINTS Nigeria’s crude oil output fell again in October, adding to production setbacks in Libya and Venezuela that weakened the Organisation of the Petroleum Exporting Countries and its allies, …

KEY POINTS Crude oil prices remained broadly unchanged on Monday even after OPEC+ announced plans to slow its production growth, with traders balancing concerns over a potential surplus against fresh …

KEY POINTS Oil prices slid by about 2 per cent on Tuesday, extending a three-day losing streak as investors digested the effect of fresh U.S. sanctions on Russia’s top oil …

KEY POINTS Oil prices extended their decline on Wednesday, clinging to five-month lows amid mounting anxiety over a renewed US-China trade spat and forecasts of an impending supply glut that …

KEY POINTS Global oil markets are under renewed pressure as Brent crude prices dropped more than 6% in October, slipping toward $62 a barrel and struggling to hold above the …

KEY POINTS Nigeria’s Bonny Light crude held firm around $67 a barrel on Monday as a wave of renewed optimism swept through global oil markets, driven by hopes that the …

KEY POINTS Oil prices climbed on Wednesday as traders took comfort in OPEC+’s decision to limit the scale of its output hike, easing earlier concerns about a potential glut in …