Tag: oil prices

The Managing Director of the Nigerian Petroleum Development Company (NPDC), Mr Mansur Sambo, says the company is the largest supplier of the domestic gas in the country. Sambo disclosed this ...

The oil and gas sector is going to face a substantially reduced demand for a prolonged period as its recovery is not likely any time soon, the Federal Government said ...

Oil marketers, on Monday, failed to adjust the pump prices of Premium Motor Spirit (petrol) at their filling stations to reflect the N5 reduction announced by the Federal Government last ...

Demand fears are once again rippling through the oil patch. US oil prices plummeted 9% Tuesday, their worst day since mid-May. Oil dropped to a low of $36.13 a barrel, ...