Sunday, October 1, 2023
Home WORLD MARKET

WORLD MARKET

Demand for Nigerian oil drop as price climbs above $100 a barrel

Oil traders awaited the release of Nigeria's September official selling prices as export plans for some crude grades emerged and lower demand continued to weigh on offer prices.

Toyota to invest $1.8bn in Indonesia to make electric vehicles

Toyota also planned to introduce several types of hybrid electric vehicles in the next four years, the statement said.

Nigeria’s crude oil output averaged 1.238m bpd in June – OPEC

The report said the figure showed an increase of 5,000 barrels per day when compared to the 1.233 million bpd produced averagely in the month of May 2022.

Macron reappoints BUA’s Abdul Rabiu, President France Nigeria Business Council

This was announced at the July 2022 Meeting of the France Nigeria Business Council held in Paris

Crude oil price to soar past $200/barrel

Bjarne Schieldrop, SEB analyst, said on Wednesday in no uncertain terms that the G7’s price capping proposal was a “recipe for disaster” given the current stress that the oil market is under.
- Advertisment -

Most Read

Emefiele meets Tinubu at Aso Rock

Wale Edun, former Lagos Finance Commissioner; and James Faleke, a House of Reps member, were also at the villa.

Oil marketers endorse fuel subsidy removal, pledge minimal adjustments 

We once again laud President Tinubu for his bold vision and stand ready to collaborate with his administration in its effort to promote greater economic equality and prosperity for all Nigerians.

Firm unveils 20KG composite cooking gas cylinders to Nigerian Market

According to him, the 20kg LPG cylinder goes for N75,000 due to increase in foreign exchange and is also more competitive.

Allegation of illegal sale of 48m barrels of crude false, Malami insists

Recall that the minister took the same position when he first appeared before the panel on April 27, 2023 to give testimony.