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Energy & Oil

Oil prices slide on U.S. shutdown, OPEC output concerns

Oil prices fell for a third consecutive day, reaching a 17-week low as the U.S. government shutdown and expectations of higher supply from...

Finance

Barrel: US oil price crashes below $1

The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic supply glut caused largely by...

News

Oil Price Hits $50 Per Barrel for First Time This Year

Global oil benchmark, Brent crude, on Thursday traded above $50 per barrel for the first time in 2016 as supply disruptions and increased...

News

It’s Sheer Laziness to Blame Economic Woes On Oil Price – Tunde Bakare

The General Overseer of the Latter Rain Assembly, Pastor Tunde Bakare, says Nigeria urgently needs a revolution. Bakare said it was sheer laziness...

News

Nigeria In Pain Over Dwindling Oil Price – Ibe Kachikwu

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has declared that Nigeria is pained by the oil price rout rocking...