Tag
CRUDE OIL PRICE
Citigroup analysts have forecast that Brent Crude oil could fall to $60 per barrel by year-end, averaging about $62 per barrel between the second and fourth quarters of 2026.
OPEC+ recently agreed to expedite the release of an additional oil output, continuing its strategy of focusing on market share ahead of pricing.
Nigeria is staring down the barrel of twin macroeconomic shocks as Brent crude prices plunge below $60 per barrel.
Brent oil futures rose above $71 on Monday following the United States’ military strikes on Yemen’s Houthis over the weekend.
Crude oil prices dipped on Tuesday after the U.S. government implemented fresh tariffs, raising concerns about global trade tensions and their potential impact on fuel demand.
The naira slipped to an all-time low of N1681 per dollar at the official Investor and Exporter (I&E) window on Tuesday, November 6, 2024, according to data from the FMDQ Exchange.
The Organization of the Petroleum Exporting Countries (OPEC) has refuted a report suggesting that crude oil prices could drop to $50 per barrel, a claim allegedly linked to Saudi Arabia’s Oil Minister.
The price of crude oil is expected to rise further on Monday, above the $90 benchmark, after Iran’s attack on Israel over the weekend, analysts said on Sunday.
Crude oil price rose to over $121 per barrel on Monday evening as the increasing price of diesel persists in Nigeria...
Naira gained marginally against the US dollar on Tuesday with a 0.01% appreciation to close at N416.33/$1.
Monday, 24th January 2022: The exchange rate between the naira and the US dollar at the official Investors...
The exchange rate between the naira and the US dollar at the official Investors and Exporters (I&E) window...