Oil hovers below $70 highs, clouded by rise in U.S. output

Oil hovered near a three-year high of $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies,...

Rules to regulate on Bitcoin must be on global scale, Germany’s...

Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce...

Oil dips away from 2014 highs on rising U.S. rig count,...

Oil prices dipped on Monday as rising drilling activity in the United States pointed to higher future output, although output cuts led by OPEC...

Oil rises above $70 since 2014, warning lights flash up in...

Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will dominate...

Pump prices of Petrol hits ₦160 per litre at depots in...

Despite the repeated assurance by the Nigerian National Petroleum Corporation (NNPC), that it has not increased its petrol ex- depot price from ₦133.80k, correspondent...

DPR seals 3 filling stations in Lagos for selling above pump...

Efforts to ensure that marketers adhere to the approved retail price of petrol received a boost as the Department of Petroleum Resources (DPR) yesterday,...

Oil prices hit highest since 2014, but analysts warn of overheated...

Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although...

Oil prices above $68 on tighter market, highest since May 2015

Oil rose further above $68 a barrel on Tuesday, touching its highest since May 2015, supported by OPEC-led production cuts and expectations U.S. crude...
NNPC

NNPC denies intention to increase pump price of petrol

For the umpteenth time, the Nigerian National Petroleum Corporation (NNPC) has denied it has a plan to execute an increase in petrol price. In a...
newstage.com.ng

SOFTS-Raw sugar prices fall, coffee and cocoa also weaken

Raw sugar and coffee futures fell on Friday with a firmer dollar and a retreat in crude oil helping to halt recent run-ups, while...

Oil sector raised NSE indicators by 1.28 pct

The Nigerian Stock Exchange (NSE) market indicators on Thursday improved by 1.28 per cent due to gains posted by some petroleum equities. Seplat led the...

Oil at highest since mid-2015 amid Iran tensions, tighter market

Oil prices on Thursday hit their highest in more than two and a half years, touching levels not seen since before a slump in...

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