Tag: Brent crude

TUE, 01 NOV, 2022-theGBJournal| Last week, the price of Brent extended gains for the second consecutive week, up 2.43% to settle at US$95.77/bbl. As...

TUE, 16 AUG, 2022-theGBJournal| Last week, the price of Brent rebounded, gaining 3.40% w/w to settle at US$98.15/bbl. As a result, Brent is up...

THUR 14 OCT, 2021-theGBJournal- OPEC said ‘’the downward revision is mainly driven by lower-than-expected actual data for the first three quarters of this year,...

By Audrey Lotechukwu TUE 06 JULY, 2021-theGBJournal- OPEC ministers on Monday abandoned talks on production levels with no clear cut date set for next meeting. OPEC...

By Azuka Christopher in London TUE 22 JUNE, 2021-theGBJournal- Oil prices Tuesday were slightly down on news that OPEC+ might start increasing production. Reports that...

SAT 12 JUNE, 2021-theGBJournal- Nigeria’s foreign exchange reserves sustained its decline, dipping USD122.75 million w/w to USD34.05 billion (9th June 2021) – the lowest...

By Audrey Lotechukwu TUE 01 JUNE, 2021-theGBJournal- OPEC and non-OPEC members Tuesday agreed to extend ‘’the very generous compensation period for overproduced volumes’’ until the...

SAT, 31 OCT, 2020-theGBJournal-As national COVID-19 lockdowns is renewed in some European countries and U.S. case count for covid-19 remained at record levels, oil...

TUE, APRIL 21 2020-theG&BJournal- There are indications that the Federal Government plans another downward review of the petrol prices given the increasing impact of...