Home Topics Brent Crude
Oil rose on Tuesday, supported by gains in equities and supply concerns in Norway and Libya.
Oil traded near its highest in three and half years on Thursday, boosted by potential disruptions to flows from Iran and the Middle East as U. S. President Donald Trump says OPEC should cut prices.
After months of sharp oil price rises there is now considerable uncertainty as to the market’s direction for the rest of the year, OPEC said on Tuesday as a key meeting of oil producers looms.
European stock markets rallied on Friday after Italy reached a new coalition deal, with investors brushing aside trade war fears as they awaited key US jobs data.
The euro extended losses in Asian trade Tuesday as political uncertainty in Italy stoked fresh fears about the eurozone.
Member countries of the Organisation of Petroleum Exporting Countries (OPEC) and their major ally, the Russian Federation are considering relaxing the 2017 limits they imposed on their oil production levels to rebalance the oil market, and increase their output in the market to about 1 million barrels per day (bpd).
Data made available by the Central Bank of Nigeria show that the nation’s foreign reserves dropped by $72 million between Thursday, May 10 and Monday, May 14.
Oil prices rose to their highest level in three weeks on Tuesday as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset United States crude production.
Global oil benchmark, Brent crude, rose to its highest level so far this month on Tuesday, as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the negative impact of growing United States’ crude production.
12Page 1 of 2
Jurgen Klopp has described criticism of Mesut Ozil and Ilkay Gundogan as "absolute nonsense" amid the ongoing fallout from Germany's World Cup failure.
European Commission chief Jean-Claude Juncker said US efforts to split the EU on trade "are in vain," in a message Wednesday to President Donald Trump before their talks in Washington next week.
A former governor of Sokoto State, Alhaji Attahiru Bafarawa, has donated N10 million to the victims of banditry in Tabbane village of Rabah Local Government Area of the state.
New Chelsea head coach Maurizio Sarri says he hopes Chelsea do not sell any of their best players this summer.
Former US president, Barack Obama, advised talented young Africans on Wednesday to drive change at home rather than emigrating, and urged their governments to do more to curb a brain drain.
Conte, who had refused to walk away from Chelsea unless the final year of his contract was paid in full, has been waiting since winning the FA Cup in May to resolve his future at Stamford Bridge, but difficulty in securing Sarri delayed the process.
Jose Mourinho has told England to "believe in the process" after their World Cup campaign finished with a 2-0 defeat against Belgium in the third-place play-off on Saturday.
The National Broadcasting Commission (NBC) says it will impose a higher sanction on the Ekiti State Broadcasting Service (EBS) if it fails to pay N500,000 fine within the stipulated period.
Officers and men of the Nigeria Police on Thursday vacated the gates to Ekiti State Government House they had occupied for two days.
15 people were injured Monday at a public rally for Narendra Modi after a tent collapsed on the Indian prime minister’s audience, police said.