The most widely read newspaper in Nigeria
Brent, the oil against which Nigeria’s crude is priced, dropped marginally on Tuesday, shedding 32 cents to close at $74.18 per barrel as of 4pm Nigerian time.
This came as the Deputy Prime Minister of the Russian Federation, Alexander Novak, in a letter addressed to the Secretary-General of the Organisation of Petroleum Exporting Countries, Sanusi Barkindo, emphasised the need for continued work by OPEC and its allies to maintain market stability. The letter read in part, “I believe that in the conditions of continued uncertainty in the development of the global economy, the significance of the coordinated work in order to maintain the stability of the global energy markets will only increase.”
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PIB as passed is like quenching fire with crude oil - By: Vincent NwanmaOPINION: From the word go, it was clear that the intention behind the Petroleum Industry Bill as conceived by the government was to bring all parties involved in Nigeria’s oil and gas industry to a common ground.
Read more »
EXCLUSIVE: Inside details of how Glencore employees bribed Nigerian officials over NNPC oil contractsA former trader pleaded guilty over his role in a scheme to bribe.
Read more »
Halting pipeline vandalism, oil theft - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
Boosting non-oil exports through export expansion - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
Charting A New Course For Economic Development Through Non-oil ExportWhen the federal government inaugurated the steering committee to implement its N50bn Export Expansion Facility Programme (EEFP) under its Economic
Read more »
Oil Prices React To COVID-19 Spread, China FloodsOil prices were little changed yesterday as investors balanced concerns about fuel demand from the spread of COVID-19 variants and floods in China against
Read more »