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Crude oil prices rise marginally amid global pandemic fears

*Prices move for weekly gain amid cautious hopes for fuel demand recovery Crude oil prices advanced on Friday and were heading for the second week...

Oil prices steady after Navarro walks back from market-jolting comments

Oil prices steadied on Tuesday after a volatile session sparked by confusion over the status of the U.S.-China trade deal. Markets were spooked by surprise...

Oil prices dips over output cuts, surging U.S. diesel inventories

Crude oil prices decline on Thursday, reversing gains in the previous session, on concerns if major crude producers will be able to agree to...

COVID-19 lockdowns push Bonny Light to 18-years low at $20/bbl

*As outbreak diminish demand Nigeria's premium grade of crude oil on Monday declined to $20 per barrel, bbl, even the fears that the global Coronavirus...

Crude Oil War: OPEC members lost $500m a day in oil...

*As Bonny Light steady at $33.88b/d Following members of the Organization of the Petroleum Exporting Countries, OPEC+, alliance breakup, which lead to a significant slide...

Breaking: Price of Bonny Light drops to $50.58 per barrel

*As Coronavirus bites harder The price of Bonny Light, Nigeria's premium oil grade has dropped further from $58 to $50.58 per barrel as the outbreak...

CORONAVIRUS: Oil prices drop $5 below Nigeria’s 2020 budget benchmark

Nigeria’s budget estimate appears threatened as oil price drops $5 below the 2020 benchmark on global fears over the impact of the Coronavirus epidemic. Brent crude which...