Wednesday, 18th May 2022
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oil prices.

8 Nov 2021
Summary: On the economic situation in Nigeria — the president is blaming falling oil prices; the citizens are blaming their president. Oil prices have not been nice to Nigeria’s president..
4 Oct 2021
Oil prices surged higher on Monday as OPEC+ held to its planned output increase, but US and European equities appeared largely unfazed by the announcement and the latest troubles of Chinese property giant Evergrande.
22 Jun 2021
Nigeria’s economy could be leaning against the wind as the country’s external reserves fell to a 13-month low last week, tumbling quickly to $30 billion, the level it was between 2015 and 2017.
31 Mar 2021
Oil prices fell slightly yesterday, as shipping traffic resumed through the Suez Canal after days on hold and attention now switched to an OPEC+ meeting tomorrow where the extension of supply curbs may be on the table amid new coronavirus pandemic lockdowns.
23 Mar 2021
Oil prices slumped Tuesday on lower demand prospects as Europe's biggest economy Germany said it would reimpose strict coronavirus containment measures and struggles along with other EU nations to roll out vaccines.
22 Dec 2020
A few weeks ago, a two-month moving average of oil prices collapsed, turning the market to a greenish outlook. The figures, indeed, have been bullish in the past six months.
21 Dec 2020
A few weeks ago, a two-month moving average of oil prices collapsed, turning the market to a greenish outlook. The figures, indeed, have been bullish in the past six months.
3 Dec 2020
An investment expert and Chief Executive of EFG Hermes Nigeria Limited, Lilian Olubi, has said that rising oil prices would help Nigeria to achieve economic stability. She, however, said a stable oil market alone would not resolve the country’s economic problems.
17 Nov 2020
Minister of State for Petroleum Resources, Mr Timipre Sylva, says Federal Government’s earnings, from oil and non-oil sectors coupled with low revenue receipts from the Federal Inland Revenue Service (FIRS), have dropped by 60 per cent, putting the nation’s economy under serious pressure.
29 Oct 2020
Oil prices dived Thursday on demand fears as more nations go into lockdown to staunch the spread of the coronavirus, while stock prices attempted a modest rebound. Both main oil contracts fell five percent for part of the day before clawing back some of their losses, extending this week's meltdown to plumb four-month lows on…
1 Sep 2020
Oil prices gained on Tuesday, reversing overnight losses, as investors moved into risk assets and stayed away from the safe-haven U.S. dollar which hit multi-year lows.
12 Aug 2020
Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts expected, bolstering hopes that fuel demand in the world’s biggest economy can weather the coronavirus pandemic.

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