oil prices

Oil prices expected to continue on downward trend despite Middle East tensions

The World Bank Group forecasts that oil and commodity prices as a whole will continue to fall next year, in a new "Commodity Markets Outlook" published this Tuesday. The World Bank's Deputy…

3 months ago

by Abiodun Ogundairo

Oil prices jump as speculation rises on possible Israeli retaliation against Iran

US crude oil jumped slightly after US President Joe Biden said he was "discussing" an Israeli strike on Iranian oil facilities. Chaos builds for shippers as US dockworkers enter their third day…

4 months ago

Business

How lower oil prices may impact Nigeria’s economy

Brent crude is extending a rebound after a recent losing streak recorded this week. Focus remains on the impact of Hurricane Francine on U.S. output, heightened tensions in the middle east and…

4 months ago

Business

Court strikes out assault suit against Senator Abbo, Brazil first lady tests positive for coronavirus and more

Here is why you should pick up a copy of The Guardian on Saturday. Find these stories and much more when you grab a copy of The Guardian on the newsstands on…

5 years ago

GTV Exclusive

BP cuts 10,000 jobs after oil price collapse

The British energy giant said oil prices had dropped "well below the level" that the company needed "to turn a profit." BP's chief executive said the company had already planned to become…

5 years ago

Business·News

Oil prices rise as COVID-19 lock-downs start to ease

Oil prices have climbed up in recent times driven by relaxed coronavirus restrictions and lock-downs in some countries which have allowed some businesses and factories to resume operations. The market was also…

5 years ago

Business·News

Oil prices remain volatile after record-breaking negative plunge

Oil prices remain turbulent, a day after turning negative for the first time in history. The coronavirus pandemic and lockdowns around the world have seen demand for oil dry up, and storage…

5 years ago

News·World

Energy market upheaval puts LNG buyers in front seat

Although oil prices have hit rock bottom recently, liquefied natural gas is still holding its ground as a cheap and reliable energy source. So LNG could play a larger role in Europe's…

5 years ago

Business·News

Nigeria’s 2020 budget suffers revenue shortfall of N49bn

Decline in oil prices, economist, Robert Omotunde says it is a rare opportunity for Govt to do the right thing. Oil prices will always go in cycle, it will go up and…

5 years ago

Business·News

Tracking global market movements ahead of U.S.-China trade deal signing

Oil prices steadied around $64 a barrel as the market looks to the signing of a trade deal between the United States and China tomorrow. For more on geopolitics and impact on…

5 years ago

Business·News

Why the US-Iran tensions are driving up oil prices

Why the US-Iran tensions are driving up oil prices…

5 years ago

Business·News

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oil prices

Oil prices expected to continue on downward trend despite Middle East tensions

Oil prices jump as speculation rises on possible Israeli retaliation against Iran

How lower oil prices may impact Nigeria’s economy

Court strikes out assault suit against Senator Abbo, Brazil first lady tests positive for coronavirus and more

BP cuts 10,000 jobs after oil price collapse

Oil prices rise as COVID-19 lock-downs start to ease

Oil prices remain volatile after record-breaking negative plunge

Energy market upheaval puts LNG buyers in front seat

Nigeria’s 2020 budget suffers revenue shortfall of N49bn

Tracking global market movements ahead of U.S.-China trade deal signing

Why the US-Iran tensions are driving up oil prices

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