The Founder and Chief Investment Officer of Zrosk Investment Management, Samson Esemuede, has said a higher crude oil price in the global oil market may not be in Nigeria’s favor. Esemuede, while speaking on the Drinks and Mics program on Nairametrics TV, argued that Nigeria needs global oil prices to be “lukewarm” rather than too […]
Why higher global oil prices may not favor Nigerians – Samson Esemuede Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Mar 07, 2025, 11:30 AM CST Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is real—but temporary. Brent crude briefly
Rystad: Oil Prices Under Pressure, But Don’t Expect a Freefall Read More »
Fri, February 28, 2025 at 12:48 AM UTC Weekly jobless claims just hit their highest point in nearly a year – while coffee prices surge and could climb even higher. MSNBC’s Ari Melber reports on Trump’s economy and is joined by Nobel prize-winning economist Paul Krugman. (The Beat’s YouTube playlist: https://msnbc.com/ari Ari: / arimelber Beat
That was fast! Trump MIA as prices spike from coffee to eggs to gasoline Read More »
Oil drilling rigs Oil prices deepened their losses on Friday, marking a weekly decline, as markets anticipated that efforts by US President Donald Trump would boost global oil supply. Brent crude futures for April delivery dropped 2.68%, or $2.05, to $74.43 per barrel. The US West Texas Intermediate (WTI) crude futures for April delivery also
Oil prices drop over 2%, record weekly losses Read More »
By Editorial Dept – Feb 21, 2025, 10:00 AM CST Crude oil prices recorded a choppy trading week, underpinned by geopolitical risks and significant supply disruptions. The market closely followed developments in the Russia-Ukraine conflict, where a Ukrainian drone attack on Russia’s Kropotkinskaya pumping station disrupted oil flows via the Caspian Pipeline Consortium (CPC). This
Geopolitical Tensions and Supply Disruptions Lift Oil Prices Read More »
West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $72.10 per barrel, down from Wednesday’s close at $72.16. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $75.78 after its previous daily close at $75.81. WTI Oil FAQs WTI Oil is a type of Crude
Crude oil price today: WTI price bearish, according to FXStreet data Read More »
March WTI crude oil (CLH25) on Wednesday closed up +0.40 (+0.56%), and March RBOB gasoline (RBH25) closed down -0.0002 (-0.01%). Crude oil prices on Wednesday traded higher, extending Tuesday’s gains that were driven by a drone attack on a Russian pumping station that could reduce Kazakhstan crude oil exports by 30%. Tuesday’s gains were also
Crude Oil Prices Rise on Supply Risks Read More »
MANILA — Fuel prices at the pump are set to increase on Tuesday, as oil firms announced below PHP1 price hike. In separate advisories, Cleanfuel, Petro Gazz, Seaoil, and Shell said they will increase gasoline and diesel prices by 80 centavos per liter, while Seaoil and Shell will also adjust upward the prices of kerosene
Below P1 oil price hike set Feb. 18 Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Feb 16, 2025, 4:00 PM CST The January oil price rally gave way to a sell-off in February as the market started pricing in
Oil Bulls Meet Trade War Turmoil Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Feb 15, 2025, 6:00 PM CST U.S. sanctions on Russia’s oil and shipping sectors have temporarily reduced Russian crude exports. Higher oil prices caused by sanctions
Russian Oil Output May Dip Further on Sanctions. But For How Long? Read More »
