Oil Prices Set To Slip as US Shale Gets Ready To Pump
LAGOS JANUARY 18TH (URHOBOTODAY)-Oil prices are set to fall later this year despite the recent OPEC agreement to limit production, Fatih Birol, the executive director at the International Energy Agency, has told More...
OPEC Assures of Rise In Oil Prices In September
LAGOS AUGUST 9TH (URHOBOTODAY)-Oil producing countries may heave a sigh of relief as the Organisation of Petroleum Exporting Countries (OPEC) has postulated that oil prices will rise in September through December More...
Nigeria Supply Disruption Nudge Oil Price towards $50 a Barrel
LAGOS MAY 26TH (URHOBOTODAY)-For the first time in almost eight months, crude oil prices got closer to $50 yesterday, probably due to sharp fall in the United States’ inventories. The American Petroleum Institute, More...
Oil Prices Edge Lower
LAGOS SEPTEMBER 9TH (URHOBOTODAY)-Oil edged lower Wednesday in muted deals as dealers digested poor Chinese trade data and looked ahead to the weekly US stockpiles report, analysts said. Brent North Sea crude for More...
Nigeria Borrows Money to Pay Government Salaries-Okonjo-Iweala
Okonjo-Iweala LAGOS MAY 6TH (URHOBOTODAY)-Africa’s richest economy is borrowing money to pay salaries as it struggles through a “difficult cash crunch” brought on by halved oil prices, Nigeria’s More...
Fresh Fuel Crisis Looms as Finance Commissioners Seek Removal of Petrol Subsidy
LAGOS MARCH 13TH (URHOBOTODAY)-Two years after a nationwide protest forced the federal government to reverse its decision to remove subsidy on petrol, finance commissioners from Nigeria’s states met and asked More...