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Nairaland Forum / Nairaland / General / Business / Oil Price Rise To $46 Per Barrel- PunchNg (11245 Views)
Crude Oil Price Rise To All Time Highest This Year 61 Dollars / Oil Price Slumps To $46 Amid Brexit Concerns / Crude Oil Price Rise After Russia Agrees To OPEC Talk (2) (3) (4)
Oil Price Rise To $46 Per Barrel- PunchNg by BeeBeeOoh(m): 12:46pm On Sep 15, 2016 |
Oil prices rebounded slightly Thursday after tanking the previous day, but gains were capped by US stockpiles data and the prospect of rising output in Libya and Nigeria, dealers said. http://www.punchng.com/oil-price-rise/ 1 Like |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by agwom(m): 12:47pm On Sep 15, 2016 |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by sarrki(m): 12:48pm On Sep 15, 2016 |
Good news |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Nobody: 12:55pm On Sep 15, 2016 |
sarrki:There is nothing good about the news. Nigeria and Libya are about to increase their oil output soon. This will drive down the price of crude oil. OPEC should just give each member nation a production quota. That is the best way to halt the dwindling oil price. 8 Likes |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by DONSMITH123(m): 2:32pm On Sep 15, 2016 |
hmm. 6 Likes 1 Share
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Re: Oil Price Rise To $46 Per Barrel- PunchNg by AntiWailer: 2:33pm On Sep 15, 2016 |
sarrki: |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Opistorincos(m): 2:33pm On Sep 15, 2016 |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by StephanieLuv(f): 2:33pm On Sep 15, 2016 |
At about 1015 GMT, US benchmark West Texas Intermediate for delivery in October was up 20 cents at $43.78 a barrel. Even when Oil rises to $100 a barrel they will still blame the past government. Why i respect Aba boys is that they can turn nothing into some thing in a short period of time that's why majority of them are doing well. I swear Aba Trader will handle our economy more than the current team, no wonder they were pleading for the help of Igbos to move the nation forward. 27 Likes 4 Shares
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Re: Oil Price Rise To $46 Per Barrel- PunchNg by tamarabu(m): 2:33pm On Sep 15, 2016 |
And so wat |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by gurunlocker: 2:34pm On Sep 15, 2016 |
It didn't stop anything, they will still blame abeg 2 Likes |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by MAGNETIC(m): 2:34pm On Sep 15, 2016 |
Who cares?. Even when duel price was high Nigeria is not moving forward. It high time we shift to agriculture which is the job ordained by God for Nigeria 1 Like |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by shaddoww: 2:34pm On Sep 15, 2016 |
Anything below $70 can't help Nigeria at d moment. 4 Likes |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by shammah1(m): 2:35pm On Sep 15, 2016 |
Good news! I hope this affects the lives of average Nigerians positively |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by muareal: 2:36pm On Sep 15, 2016 |
How will that do ordinary individual in this country good |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Uricas(m): 2:38pm On Sep 15, 2016 |
bejeiodus:Your proposal is possible only if OPEC is controlling the majority of oil supplies. As it is now, it won't dear losing its market share. In summary, OPEC alone cannot control oil price through demand and supply chain. 1 Like |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by kaen1317: 2:38pm On Sep 15, 2016 |
God help Nigeria. |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by kaen1317: 2:39pm On Sep 15, 2016 |
No matter what diversification should still go on full steam. the fall in oil price is still teaching us a bitter lesson 1 Like |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by kaen1317: 2:40pm On Sep 15, 2016 |
No matter what diversification should still go on full steam.. the fall in oil price is still teaching us a bitter lesson 1 Like |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by NotComplaining: 2:47pm On Sep 15, 2016 |
Crude oil has always been in abundant supply, geologists know this; supply always outgrew demand, flaring excess crude to justify artificial supply level. Conglomerates and cartels create speculations to control a nations revenue from the product. Same measures are applied to other commodities like coffee beans. Wealth management of nations is necessary to keep the value of the US dollar afloat and relevant. My Physics teacher once told me that there is more untapped crude reserves than what has been exploited. Now we are hearing of companies exploiting shale for gas reserves. Our planet has enough fossil fuel resources to keep our lights on for millenniums to come. |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Nobody: 2:49pm On Sep 15, 2016 |
listen to my songs at http://my.notjustok.com/p/oracle/Those of you that your Facebook profile says living in UK and working in Owerri. Am not saying you are lying. Am just bothered..How are you coping with the transport fare? 11 Likes |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by buckyfof(m): 2:53pm On Sep 15, 2016 |
oil is nigerias greatest problem as far as we are concentrating all our resources AND time in the oil sector, things will continue to b stagnant when oil was 102dollars per barrel d foolish past govt couldnt even move d country by an inch diversification is nigeria only way out govt should just try to put more focus on the agricultural and mining industry and finally, they should just invite all d corrupt politicians in one building and direct one of bokoharam suicide bombers into the building, and let nigeria start afresh 10 Likes 1 Share |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Nobody: 3:13pm On Sep 15, 2016 |
How about nickel price, This news is useless right now, Nigerians now know that the problem is not from falling crude oil price but from the mighty Oga at the top |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Nobody: 3:27pm On Sep 15, 2016 |
Can't believe we are still waiting for oil to rise instead of building an economy independent of it. 1 Like |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Francon(f): 3:28pm On Sep 15, 2016 |
Change |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by PureWays(m): 3:41pm On Sep 15, 2016 |
StephanieLuv:You guys won't seize to amaze me with your Shiitty talks. Aba boys handling the economy? Really? Handling Economy doesn't involve selling fake products, lady! Who do y'all think you are? 4 Likes |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Charlico2(m): 3:44pm On Sep 15, 2016 |
blueseacats: I can't agree more with your submission. If we are really serious in life and hope to make any future for the coming generation we should just pay very less attention to this commodity called "OIL" It has bastardize our mentality |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by badmantin(m): 3:54pm On Sep 15, 2016 |
Na $10 before? |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Visman(m): 4:17pm On Sep 15, 2016 |
Bo.ohari will deploy more troops to Niger-Delta then |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Nobody: 4:18pm On Sep 15, 2016 |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Nobody: 5:18pm On Sep 15, 2016 |
bejeiodus:This is beyond OPEC. |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by BJAYADEMOLA(m): 5:24pm On Sep 15, 2016 |
Thank God |
Re: Oil Price Rise To $46 Per Barrel- PunchNg by Nobody: 5:55pm On Sep 15, 2016 |
I don't pray oil price rise till corruption is finally dealt a fatal blow in this country. |
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