Oil prices edge lower on economic concerns, but geopolitics support vanguardngr.com vanguardnews
Brent crude futures dropped 16 cents to 69.24 dollars a barrel by 0856 GMT, having touched 70.03 dollars in the previous session, the highest since Nov. 12.
The United States and China, the world’s two biggest oil consumers, could be close to ending their trade dispute though some hurdles remain. Eastern Libyan commander, Khalifa Haftar, ordered his troops on Thursday to march on the capital Tripoli, escalating a conflict with the internationally recognised government.
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Oil price hits 2019 high, OPEC cuts concerns over demand ease - Vanguard News NigeriaOil price hit a 2019 high above 69 dollars a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, and as the market became less worried that demand may reduce.
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Oil theft: JTF, surveillance contractors intensify crackdown, seize vessels - Vanguard News NigeriaRESIDENTS of Bayelsa State coastal communities have lauded the collaboration between the Joint Task Force, JTF, deployed to the Niger Delta and surveillance contractors for tackling oil theft.
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Oil prices hit $70 per barrel - Vanguard News NigeriaCrude oil prices in the international market yesterday, hits $70 per barrel for the first time since November, 2018 five months, as expectations of tight global supply outweighed pressure from rising U.S. production.
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Three African migrants charged in Malta over oil tanker hijacking - Vanguard News NigeriaMaltese authorities charged three young African migrants on Saturday with committing an act of terrorism for hijacking a vessel that rescued them off the coast of Libya.
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Oil prices: Supply, demand factors hinder upsurge — Analyst - Vanguard News NigeriaDespite crude oil production cut by the Organisation of Petroleum Exporting Countries, OPEC, to boost the prices of crude oil, fresh indications have emerged that the combination of supply and demand side factors are muting crude oil price rise to the target of $80 per barrel.
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Contaminated lands, water: New major inquiry into oil spills in Niger Delta - Vanguard News NigeriaContaminated lands, water: New major inquiry into oil spills in Niger Delta vanguardngr.com vanguardnews
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