AS members of the Organisation of Petroleum Exporting Countries, OPEC, and non-members commit to oil output cut, oil prices, Tuesday, rose to over $57 per barrel in the international market. Specifically, the price of Brent hit the roofs at $57.49 per barrel, recording over $1.0 in excess of $56 recorded the previous day. However, Nigeria’s […]Read More
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has directed its members nationwide to reduce petroleum pump price from N145 per litre to N140. This was announced in a statement signed by the National President of the association, Elder Chinedu Okworonkwo and made available to the News Agency of Nigeria (NAN) in Kano on Sunday. […]Read More
Oil prices rose by more than 1.5 per cent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. Brent crude futures LCOc1 were at $58.04 per barrel at 0751 GMT, up 98 cents, or 1.7 per […]Read More
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