All posts tagged "crude oil prices"
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Oil prices rise further as dollar drops
Oil prices rose again Thursday on data suggesting the US crude glut is easing as the dollar weakened against the euro. US benchmark West Texas Intermediate for June delivery rose $1.05 to $59.63 a barrel on the...
- Posted May 3, 2015
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External reserves stagnant at N48bn
The external reserves have remained stagnant at N48bn for over three months, an investigation by our correspondent has shown. It was learnt on Friday that the swing in the external reserves was as a result of the...
- Posted June 16, 2013
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Oil Drops From One-Week High on Speculation Crude Demand to Slow
Oil fell from the highest close in almost a week as investors speculated prices may have risen too far before a report forecast to show jobs growth slowed last month in the U.S., the world’s biggest crude...
- Posted September 7, 2012
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Oil prices rise as Hurricane Isaac curbs production
CRUDE oil prices rose for the first time in four days in as Tropical Storm Isaac reduced offshore output in the Gulf of Mexico and on speculation that U.S. supplies fell to a five-month low. Crude oil...
- Posted August 29, 2012
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Oil Drops From Seven-Week High On Outlook For Economy
Oil fell from a seven-week high in New York on concern fuel demand may falter after Chinasignaled more economic weakness and analysts cut their profit forecasts for European companies at the fastest rate since 2009. Futures slid as much as...
- Posted July 18, 2012
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Crude Oil Prices Rise on Iranian Threats, No impact seen from Nigeria strike
Crude Oil prices have risen for the first time in four days on speculation that the planned embargo on Iranian cargoes may disrupt supply. The quote price of West Texas Intermediate was 102.71, up 1.38% as at...
- Posted January 10, 2012