By Aluta News Jan. 28, 2022 A don, Prof. Moyosore Ajao, has said that Black seed oil has the potential to reduce effects of hard drugs on nervous system. Ajao, while delivering the 214th inaugural lecture of University of Ilorin on Friday, listed such hard drugs as cannabis and datura stramodiumContinue Reading
By Aluta News Jan. 27, 2022 Oil prices fell on Thursday as the U.S. dollar strengthened following signs that the Federal Reserve will tighten monetary policy soon in the world’s biggest oil user. Futures pulled back amid a broader decline in financial markets after the Fed telegraphed a March interestContinue Reading
By Aluta News Nov. 11, 2021 The Organisation of the Petroleum Exporting Countries ( OPEC) has revised the 2021 world oil demand forecast downward to 5.7 million barrels per day. OPEC made this known in its Oil Market Report for November 2021 which was obtained by the News Agency ofContinue Reading
By Aluta News Nov. 5, 2021 The Host Communities of Nigeria, Producing Oil and Gas (HOSTCON) has charged northern states on greater inclusiveness and participation of the region in the oil and gas sector to tackle unemployment in the country. Chairman, HOSTCON, Kogi and North Central, Bishop Gabriel Ojoka, gaveContinue Reading
By Aluta News Nov. 02, 2021 Oil prices traded mixed in choppy trade on Tuesday after a survey showed supply chain bottlenecks and logistical problems sent input costs soaring and curtailed Eurozone manufacturing growth last month. The downside, if any, was limited after a Reuter’s survey suggested that the increaseContinue Reading
By Aluta News Sept 7, 2021 The head of Russian energy giant Lukoil, Vagit Alekperov, warns of a market crash in case oil prices rise above 100 dollar per barrel. Alekperov told the Russian Kommersant newspaper that “I would not want to see oil prices above 100 dollars per barrelContinue Reading
By Aluta News July 4, 2021 The Major Oil Marketers Association of Nigeria (MOMAN) has expressed interest to lift refined petroleum products from the Dangote Refinery, Lagos which is at completion stage. The Dangote Group made the announcement in a statement posted on its website on Sunday and obtained byContinue Reading
