African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPCL). An initial...
The American Petroleum Institute (API) has reported a build of 1.586 million barrels in U.S. crude oil inventories, compared to last week’s large 5.25-million-barrel draw. Analysts...
Crude oil prices surged by about 2% on Friday morning as marketers start panic buying over fear that stranded giant container ship blocking the Suez Canal...
After a long walk from crude oil plunge over two months, global crude oil benchmark, Brent crude is witnessing a stable recovery of about $40 range...
As COVID-19 Pandemic has caused havoc to many countries economy, Nigeria experienced plunged in its Foreign Trade of N0.14 Trillion as crude oil exports slumped in...
Amid instability of crude oil prices and demand around the world, the crude oil price has appreciated in today’s market, as China’s grand export data was...
The global oil price is increasing, as countries open their economy, Nigeria’s Bonny Light Crude has stepped up by 22.7% increase in sales. As more countries...