London — Oil traders’ concerns have shifted from under-supply to over-supply, the futures contract structure of the global benchmark Brent…
Browsing: Oil benchmark
Abuja — The House of Representatives has asked that the oil bench mark for the 2022 budget proposal should be…
OpeOluwani Akintayo Lagos — As the world battles the effect of recovering demand as a result of the unabated COVID19…
20 January 2017, Lagos – A financial expert, on Thursday described the oil price benchmark adjustment by the Senate in the…
The drop in the oil price to around $30 a barrel, from over $100 in 2014, has prompted the worst economic crisis in years in Africa’s biggest crude producer which relies on oil exports for about 95 percent of foreign earnings.
*As Senate pegs oil benchmark at $52, exchange rate at N190 per dollar *Slashes SURE-P vote with N100m, capital and…
Oscarline Onwuemenyi 20 February 2015, Sweetcrude, Abuja – The House of Representatives has resolved to meet with the Minister of…
Kunle Kalejaye 22 January 2015, Sweetcrude, Lagos – The Lagos Chamber of Commerce and Industry, LCCI, has proposed an oil price…
*The oil price drop lesson for Nigeria 11 January 2015, Lagos – As 2015 begins, many investors doing business in…
06 January 2015, Lagos – The drop in the international market price of crude oil from $115 in June 2014 to…