Crude Oil

Oil prices have touched two-and-a-half year highs in light volume boosted by an explosion on a crude pipeline in Libya and voluntary OPEC-led supply cuts.
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Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests. Brent futures, the…
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Crude oil price rose towards $59 per barrel wednesday to sustain Tuesday’s rallies where it gained one per cent after the Saudi Energy Minister, Khalid al-Falih, said the focus remained on reducing oil stocks in industrialised countries to…
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Crude oil is holding its gains in late trading Thursday following official data showing US crude inventories fell more than expected, trimming the supply glut in the market.
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Of the N652.229 billion shared, Federal Government got N286.650 billion, states received N178.619 billion and local government councils garnered N134.927 billion.
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