Remark by OPEC scribe that U.S. shale growth may slow in 2020 jerks price
As the week draws curtain, oil prices leaped Thursday after industry data showed a surprise drop in U.S. crude inventories while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support for oil….
Good news for 2017 budget as oil price jumps to $53 a barrel
After two days of decline, Brent crude LCOc1, the global benchmark, on Wednesday was up 50 cents at 52.64 dollars. Analysts say the trend is good for the Nigerian economy not just for the rise, but for the equally rising…
