Crude oil prices experienced a sharp decline on Wednesday as tensions surrounding Libya’s oil production eased and China’s economic stimulus measures raised concerns about global demand. The Brent crude futures…
The international crude oil market experienced a downturn on Monday, as major benchmarks, Brent and WTI, witnessed a decline amidst mounting concerns about the global economy. The decline was primarily…
Nigeria’s economy, heavily reliant on crude oil exports, found itself in a paradoxical situation during the first quarter of 2024. While global crude oil prices soared, driven by geopolitical tensions…