Oil prices

Emeka Okoroanyanwu Oil prices hung in the balance, on Tuesday, as concerns over declining crude demand were offset by risks to supply linked to new United States sanctions on Iran. Nigeria’s benchmark Brent crude futures were down 12…

EMEKA OKOROANYAWU Oil prices dipped on Friday, triggering fears that if the trend continues, Nigeria’s 2019 N8.9 trillion Budget may be under threat. The 2019 budget was predicated on an oil price benchmark of $60 per barrel. Nigeria’s…

Oil prices were mixed on Wednesday, with Brent extending the previous session’s rise, but gains were kept in check amid growing fears over the impact of a global economic slowdown on demand. Brent added 16 cents, or 0.2 per cent, to…

Oil prices fell more than one per cent on Thursday after rebounding eight per cent in the previous session, as worries over a glut in crude supply and concerns over a faltering global economy pressured prices. Brent crude oil was down 70…