Oil prices slip as U.S. crude output nears 12 million bpd – Daily Trust

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Oil prices slip as U.S. crude output nears 12 million bpd

 

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Oil prices slip as U.S. crude output nears 12 million bpdOil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge.
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Oil prices slip as U.S. crude output nears 12 million bpd - Vanguard News NigeriaOil prices fell on Thursday as U.S. crude production neared an unprecedented 12 million barrels per day (bpd) just as worries about weakening demand emerge.
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What Otedola’s divestment from Forte Oil means – Daily TrustWith share price which rose by 9.95 per cent to close at N34.35 per share on Thursday against N31.25 on December 24, 2018, Forte Oil’s shares remained strong despite the announcement by its major shareholder, Mr. Femi Otedola, to divest 75 per cent equities from the oil firm. Investors, on Thursday, had N122.778m on 3,574,349 …
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Oil on track for weekly gains on trade talk hopes, OPEC-led supply cuts – Daily TrustOil prices were on track for solid weekly gains on Friday after financial markets were lifted by hopes the United States and China may soon resolve their trade disputes, and as OPEC-led crude output cuts started to tighten supply. Despite this, markets were held in check by expectations of an economic slowdown in 2019.ADVERTISEMENT International …
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Oil prices stable amid expected supply cuts – Daily TrustOil prices firmed yesterday after climbing about 3 per cent in the previous session as expectations that OPEC-led supply cuts would tighten markets despite signs of a global economic slowdown. Brent crude oil hit 60.83 dollars per barrel, 19 cents, or 0.3 per cent above the last close.ADVERTISEMENT West Texas Intermediate (WTI) crude was up …
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NNPC to launch engine oil brand, others March – Daily TrustThe retail arm of the Nigerian National Petroleum Corporation (NNPC) will by the first quarter of this year launch its lubricant brand into the Nigerian market as part of strategies to improve revenue and expand NNPC’s retail market share. The Managing Director of NNPC Retail Ltd, Mr. Adeyemi Adetunji, who said this in an interview … Hope subsidy will not be involved in this ? No that dangote refinery is about kicking up , let this don't be avenue to start syphoning money .
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