Tag: Crude Oil

FG to increase crude oil output to 2m bpd by December

The Federal Government says it is targeting to increase crude oil production

WTI Rallies After Big Crude Draw; Biden Admin Drains SPR For 13th Week In A Row

Oil prices on the benchmarks, $WTI and $BRENT slipped to the lower-end

Commodities Trader Trafigura Makes Record Profit During Energy Crisis

Commodity trading Giant Trafigura reported record net profits of $5.5bn in the

$XLE and Canadian Dollar Spreads Appear On Pullback In Crude Oil Market

Closes are important in chart information, therefore I do not neglect them

Market Wrap- Oil Gaps $5 On OPEC Cuts, Japan Stocks Approach 34 Year Record As $AAPL Soars

The trading week started off with a massive gap up on both

The Closing Bell- Oil Rallies on Canadian Output Cuts as $VIX and $DXY Stay Flat

From wild fires in Canada to upticks in Chinese demand, oil took

The Closing Bell- Oil and US Regional Banks Journey South As Volatility Finally Stirs

With the FOMC looming tomorrow, recession fears are ramping up as investors

Why The Petroyuan Is Bad News For Americans

As the Chinese oil benchmark gets set for prime time, the US

The Closing Bell- US Stocks Close Flat Amid Earnings Updates

The US equity markets were mostly range-bound during the trading session today,

The Closing Bell- Dollar and Bank Stocks Climb as Oil and Volatility Recede

US Equities, barring the Nasdaq held their ground today despite a rampant

Weekly Market Wrap-Oil Drops 12.7% as Volatility Spikes and Equities Retreat

Volatility reared it's head this week as banking contagion fears persisted despite

Euro Gains Versus the Dollar on Decreasing Volatility and climbing Yield Differential

On February 27th, a hotter than expected inflation number of 8.5% came

$SPX Reclaims Some Ground as US dollar Drops -0.59% on mixed data

The stock indices recovered some of their previous week's loses as DXY

End of Day Market Report (02/17/2023)

Equities and Currencies The US dollar has had a lot of positive

End of Day Market Review (02/16/2023)

Equities It was a volatile day for US equities as the day

Oil producing states deserve more than 3 per cent allocation – IPMAN Chair

Mr Joseph Obele, Chairman, Rivers State Chapter of the Independent Petroleum Marketers

Heritage Bank, Dukia Gold to Boost Nigeria’s N300trn Gold Industry

In an effort to create new opportunities and boost Nigeria’s N300 trillion

Bayelsa Community Vacates Conoil’s Crude Production Flow Station Over Expired MoU

    Residents of Koluama in Bayelsa have vacated a crude production

Stakeholders Urge FG to Shift Attention From Crude Oil to Bitumen Exploration

  Stakeholders in Ogun and Ondo State have urged the Federal Government

Senate Begins Probing Unrepatriated Crude Oil, Gas, Non-oil Export Proceeds

  The Senate has begun probing crude oil and gas and non-oil

Forex Responsible For Hike In Petrol Price In Nigeria- Expert

Mr Ronke Onadeko, an expert in oil and gas, says high exchange

Nigeria at 60: Capital market, OPS operators express mixed feelings

Ahead of Nigeria’s 60th independence on Oct. 1, capital market experts and

Oil prices fall after U.S. crude inventories rise against expectations

Oil prices fell on Wednesday after an industry group reported a surprise

NOSDRA Confirms 45 Barrels  of Crude Oil Leaked And not 45, 000 Barrels 

    The National Oil Spills Detection and Response Agency (NOSDRA), on

Price of Petrol Rises through the Roof, as FG Raise Prices Once More

The Nigerian Government has sent the price of petrol rising through the

Oil Rises Towards $46 On U.S. Inventory Drop, Economy Hopes

Oil rose towards $46 a barrel on Wednesday, gaining for a third

Brent Prices Rise On U.S. Output Cuts, China Trade Deal Hopes

Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting

US Slash Oil Imports from Nigeria by 11.67 Million Barrels

The US has cut oil imports from Nigeria by 11.67 million barrels

There are no missing 48m barrels of Crude Oil- NNPC

The Nigerian National Petroleum Corporation ( NNPC) on Thursday, said the report on

How Abba Kyari, Malami, Two Others Allegedly Shared N800M in secret Oil Deal – Jackson Ude

The rains are heavy in Nigeria and cans of worms are being