Trending News: French President Macron Threatens Fresh Sanctions If Russia Rejects Ukraine Ceasefire‘I Can No Longer Bear It, I Am Tired’ – Nollywood Actress, Jumoke George Cries OutOgun Journalist Slumps, Dies On DutySharia Supreme Council Gets New Vice PresidentEFCC Arrests Fred AjuduaArsenal Set To Make Viktor Gyokeres One Of Their Highest EarnersPay MKO Abiola’s Family ₦45 Billion Debt To Close June 12 Chapter – Lamido‘It Is Deeply Unsettling To Wish Death On Your Party’  – Atiku’s Aide Knocks WikeCristiano Ronaldo Celebrates Son After Making Portugal Debut‘Davido Is Hustling Like Underground Artist’ – OreziSenate Demands Direct FAAC Representation For Nigeria’s 774 Local Government CouncilsWike, Umahi, Top Officials To Present Tinubu’s Legacy Projects In LondonSouth-South Must Support Tinubu In 2027 – Okpebholo To MonarchsEverton Hand Over Goodison Park To Women’s Team PermanentlyIt Is Not Senator Yau – Nigerian Senate Debunks Viral Video Of Man Kissing A Woman In An OfficeFG To Close Lagos Bridge For 21 DaysKano Court Dismisses Ganduje’s Move To Stop Alleged Bribery CaseLagos Police Block Roads Near APC Secretariat Amid ProtestsAnambra Guber: Koshoedo Signed Our Letter Not Anyanwu – PDP ClarifiesOur Helicopter Didn’t Deliver Food To Bandits – PoliceNEC Will Make Or Mar PDP – SuswamOne-Party State Bad For Nigeria, Ganduje Spoke For Himself – APC Chieftain, AliyuJustice Nyako To Deliver Final Judgment On Akpoti-Uduaghan’s Suspension Case On June 27Juventus Sporting Director Debunks Links With Victor OsimhenMy Wife Was Anyhow When I Met Her, Wore Shapeless Cloths – Paul Enenche‘Choice Of Obasanjo As PDP Candidate In 1999 Was To Heal June 12 Wound’ – Sule Lamido2025 U-20 AFCON Top Scorers Ahead Of Semi-finals FixturesBREAKING: Reps Reject Bill On Rotational PresidencyYou Have Betrayed Millions Of Nigerians Who Resisted Tinubu’s Overreach – CUPP Slams FubaraNNPC Remits Only 50% Of Fuel Subsidy Revenue – World BankAnambra 2025: PDP Notifies INEC Of Ezenwafor, Okeke As Gubernatorial CandidatesMore Portions Of Nigeria May Fall Under Terrorist Control – Sowore Knocks Tinubu’s Govt‘I Don’t Know Where I’ll Be Tomorrow, Whether PDP, APC Or YPP’ – Gov Eno[BREAKING] 2026 Election: Osun Assembly Passes Vote Of Confidence On Gov AdelekeCarlo Ancelotti Finally Speaks On Real Madrid’s Exit, New Job In BrazilGroup Life Assurance Not For Tinubu, Shettima Alone – PresidencyNigeria: Our Job Is Not Finished – ObasanjoAPC Suspends Former Lawmaker, Nine Others Over Alleged Anti-Party ActivitiesGunmen Kidnap APC Chairman In Ondo, Demand ₦100 Million RansomSuper Eagles’ Tolu Arokodare Wins Best African Player Award In BelgiumObasanjo, Atiku, Nnamani, Others Attend Sule Lamido’s Book Launch In AbujaNo Ideological Difference Between APC, PDP — Ikubese Criticises Political DefectionsBreaking: Ganduje, Others In Attendance As Kebbi Senators Officially Dump PDP For APCSenator Natasha Appears In Court Over Contempt Charges Filed By AkpabioWe Are Addressing All Aviation Challenges – KeyamoJeremie Frimpong Close To Joining Liverpool From Bayer LeverkusenLot Of People Waiting To See The Ultimate End Of PDP – SuswamGanduje: China Also Executes Corrupt Politicians – Kano Govt Speaks On One-Party SystemI Promised Rivers United Continental Ticket Not NPFL Title – Finidi GeorgeIt’s Wrong To Attribute Imo Killing To IPOB – Ejiofor Tells Amnesty IntlRussia Commits To Supporting Nigeria’s Armed Forces In Fight Against Security ThreatsNigerians To Benefit As FG Targets Cheaper, Quality Medicines NationwideI Have Lost Confidence In The Leadership Of The PDP – FabiyiAfrica Suffers Worst Debt Crisis With Over 39 Million People In Extreme Poverty – Ex-VP, OsinbajoFive Ex-Lagos Lawmakers Fail To Secure APC LG Chairmanship TicketsQuadri Aruna Leads Team Nigeria To 2025 ITTF World Championships In QatarBREAKING: ISWAP Terrorists Capture Soldiers, Take Over Borno Community In Fresh AttackI Remain INEC Chairman – YakubuDon’t Be Intimidated – Sen. Dickson Tells PDP ChieftainsFEC Approves Life Insurance For Tinubu, Shettima, MinistersSam Amadi Slams Govt Officials For ‘Attacks’ On Peter ObiResign Now If You Can’t Stay In Your Local Areas – Uzodimma Tells Council ChairsNottingham Forest’s Taiwo Awoniyi Undergoes Surgery‘They Will Not Stop Me’ – Gov Okpebholo Vows To Continue Battle Against CultismPDP Governors, Leaders Fail To Resolve Key Disputes Ahead Of NEC MeetingDangote Refinery Price Cut Poised To Push Petrol Below ₦900/Litre Nationwide — MarketersU-20 AFCON Semis: Flying Eagles Of Nigeria To Face South Africa32-Year-Old Rapper Stabbed In PrisonInsecurity: Recruit Unemployed Graduates Into Security Agencies – Speakers Conference To FGIt’s Shameful For A Sitting Governor To Leave His Party – Ifaluyi-IsiborTensions Rise As Aggrieved Lagos APC Members Plan Mega Protests Over Primary DisputesNNPP’s Ondo Guber Candidate, Edema, Defects to APCKwara High Court Orders Release Of Murdered Student’s Remains For Islamic BurialPolice Reacts As IPOB Declares Public Holiday, Lockdown On May 30th‘Go Home And Face EFCC Now’ – Nigerians In UK Protest Against Mele KyariProfessor Convicted For Rigging Election For Akpabio Yet To Return To PrisonFubara: ‘Wike Doesn’t Want Peace’ – Sara-IgbeDefections: Ganduje Leading APC With Strategic Defections – AideBlack Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th May 2025‘I’ve Done A Lot Of Things Tougher Than My Current Situation’ – Cute Abiola Opens Up‘You Can’t Blame APC For The Utter Dysfunction, Immobility Within Your Party’ – Morka Tells PDPDefections: ‘Implosion Is Coming To APC, They Will Not Be Able To Handle It’ – Kola OlogbodiyanTop Nigerian Newspaper Headlines For Today, Tuesday, 13th May, 2025Naira Gains as Non-Bank Corporate Drives FX InflowsNaira Gains as Non-Bank Corporate Drives FX InflowsNaira Gains as Non-Bank Corporate Drives FX InflowsSterling Holdings Slumps amidst Missed Regulatory FilingSterling Holdings Slumps amidst Missed Regulatory FilingNigerian Exchange Shrinks by N167bn as Investors Exit PositionsSterling Holdings Slumps amidst Missed Regulatory FilingNigerian Exchange Shrinks by N167bn as Investors Exit PositionsMauritania Unlocks Access to Additional IMF LoansNigerian Exchange Shrinks by N167bn as Investors Exit PositionsMauritania Unlocks Access to Additional IMF LoansUnity Bank Deepens Commitment to Financial Literacy with Youth OutreachNigeria Opens N300bn Worth of Sukuk for SubscriptionHow Nigeria’s Indigenous Energy Companies Are Rewriting Energy StoryGabon’s Debt Swap Constitutes Distressed Exchange—Moody’sDollar Rallies Amidst US-China Temporary Trade War PauseNigeria to End Foreign Shipping Waivers
Tue. May 13th, 2025
Trending News: French President Macron Threatens Fresh Sanctions If Russia Rejects Ukraine Ceasefire‘I Can No Longer Bear It, I Am Tired’ – Nollywood Actress, Jumoke George Cries OutOgun Journalist Slumps, Dies On DutySharia Supreme Council Gets New Vice PresidentEFCC Arrests Fred AjuduaArsenal Set To Make Viktor Gyokeres One Of Their Highest EarnersPay MKO Abiola’s Family ₦45 Billion Debt To Close June 12 Chapter – Lamido‘It Is Deeply Unsettling To Wish Death On Your Party’  – Atiku’s Aide Knocks WikeCristiano Ronaldo Celebrates Son After Making Portugal Debut‘Davido Is Hustling Like Underground Artist’ – OreziSenate Demands Direct FAAC Representation For Nigeria’s 774 Local Government CouncilsWike, Umahi, Top Officials To Present Tinubu’s Legacy Projects In LondonSouth-South Must Support Tinubu In 2027 – Okpebholo To MonarchsEverton Hand Over Goodison Park To Women’s Team PermanentlyIt Is Not Senator Yau – Nigerian Senate Debunks Viral Video Of Man Kissing A Woman In An OfficeFG To Close Lagos Bridge For 21 DaysKano Court Dismisses Ganduje’s Move To Stop Alleged Bribery CaseLagos Police Block Roads Near APC Secretariat Amid ProtestsAnambra Guber: Koshoedo Signed Our Letter Not Anyanwu – PDP ClarifiesOur Helicopter Didn’t Deliver Food To Bandits – PoliceNEC Will Make Or Mar PDP – SuswamOne-Party State Bad For Nigeria, Ganduje Spoke For Himself – APC Chieftain, AliyuJustice Nyako To Deliver Final Judgment On Akpoti-Uduaghan’s Suspension Case On June 27Juventus Sporting Director Debunks Links With Victor OsimhenMy Wife Was Anyhow When I Met Her, Wore Shapeless Cloths – Paul Enenche‘Choice Of Obasanjo As PDP Candidate In 1999 Was To Heal June 12 Wound’ – Sule Lamido2025 U-20 AFCON Top Scorers Ahead Of Semi-finals FixturesBREAKING: Reps Reject Bill On Rotational PresidencyYou Have Betrayed Millions Of Nigerians Who Resisted Tinubu’s Overreach – CUPP Slams FubaraNNPC Remits Only 50% Of Fuel Subsidy Revenue – World BankAnambra 2025: PDP Notifies INEC Of Ezenwafor, Okeke As Gubernatorial CandidatesMore Portions Of Nigeria May Fall Under Terrorist Control – Sowore Knocks Tinubu’s Govt‘I Don’t Know Where I’ll Be Tomorrow, Whether PDP, APC Or YPP’ – Gov Eno[BREAKING] 2026 Election: Osun Assembly Passes Vote Of Confidence On Gov AdelekeCarlo Ancelotti Finally Speaks On Real Madrid’s Exit, New Job In BrazilGroup Life Assurance Not For Tinubu, Shettima Alone – PresidencyNigeria: Our Job Is Not Finished – ObasanjoAPC Suspends Former Lawmaker, Nine Others Over Alleged Anti-Party ActivitiesGunmen Kidnap APC Chairman In Ondo, Demand ₦100 Million RansomSuper Eagles’ Tolu Arokodare Wins Best African Player Award In BelgiumObasanjo, Atiku, Nnamani, Others Attend Sule Lamido’s Book Launch In AbujaNo Ideological Difference Between APC, PDP — Ikubese Criticises Political DefectionsBreaking: Ganduje, Others In Attendance As Kebbi Senators Officially Dump PDP For APCSenator Natasha Appears In Court Over Contempt Charges Filed By AkpabioWe Are Addressing All Aviation Challenges – KeyamoJeremie Frimpong Close To Joining Liverpool From Bayer LeverkusenLot Of People Waiting To See The Ultimate End Of PDP – SuswamGanduje: China Also Executes Corrupt Politicians – Kano Govt Speaks On One-Party SystemI Promised Rivers United Continental Ticket Not NPFL Title – Finidi GeorgeIt’s Wrong To Attribute Imo Killing To IPOB – Ejiofor Tells Amnesty IntlRussia Commits To Supporting Nigeria’s Armed Forces In Fight Against Security ThreatsNigerians To Benefit As FG Targets Cheaper, Quality Medicines NationwideI Have Lost Confidence In The Leadership Of The PDP – FabiyiAfrica Suffers Worst Debt Crisis With Over 39 Million People In Extreme Poverty – Ex-VP, OsinbajoFive Ex-Lagos Lawmakers Fail To Secure APC LG Chairmanship TicketsQuadri Aruna Leads Team Nigeria To 2025 ITTF World Championships In QatarBREAKING: ISWAP Terrorists Capture Soldiers, Take Over Borno Community In Fresh AttackI Remain INEC Chairman – YakubuDon’t Be Intimidated – Sen. Dickson Tells PDP ChieftainsFEC Approves Life Insurance For Tinubu, Shettima, MinistersSam Amadi Slams Govt Officials For ‘Attacks’ On Peter ObiResign Now If You Can’t Stay In Your Local Areas – Uzodimma Tells Council ChairsNottingham Forest’s Taiwo Awoniyi Undergoes Surgery‘They Will Not Stop Me’ – Gov Okpebholo Vows To Continue Battle Against CultismPDP Governors, Leaders Fail To Resolve Key Disputes Ahead Of NEC MeetingDangote Refinery Price Cut Poised To Push Petrol Below ₦900/Litre Nationwide — MarketersU-20 AFCON Semis: Flying Eagles Of Nigeria To Face South Africa32-Year-Old Rapper Stabbed In PrisonInsecurity: Recruit Unemployed Graduates Into Security Agencies – Speakers Conference To FGIt’s Shameful For A Sitting Governor To Leave His Party – Ifaluyi-IsiborTensions Rise As Aggrieved Lagos APC Members Plan Mega Protests Over Primary DisputesNNPP’s Ondo Guber Candidate, Edema, Defects to APCKwara High Court Orders Release Of Murdered Student’s Remains For Islamic BurialPolice Reacts As IPOB Declares Public Holiday, Lockdown On May 30th‘Go Home And Face EFCC Now’ – Nigerians In UK Protest Against Mele KyariProfessor Convicted For Rigging Election For Akpabio Yet To Return To PrisonFubara: ‘Wike Doesn’t Want Peace’ – Sara-IgbeDefections: Ganduje Leading APC With Strategic Defections – AideBlack Market Dollar (USD) To Naira (NGN) Exchange Rate Today 13th May 2025‘I’ve Done A Lot Of Things Tougher Than My Current Situation’ – Cute Abiola Opens Up‘You Can’t Blame APC For The Utter Dysfunction, Immobility Within Your Party’ – Morka Tells PDPDefections: ‘Implosion Is Coming To APC, They Will Not Be Able To Handle It’ – Kola OlogbodiyanTop Nigerian Newspaper Headlines For Today, Tuesday, 13th May, 2025Naira Gains as Non-Bank Corporate Drives FX InflowsNaira Gains as Non-Bank Corporate Drives FX InflowsNaira Gains as Non-Bank Corporate Drives FX InflowsSterling Holdings Slumps amidst Missed Regulatory FilingSterling Holdings Slumps amidst Missed Regulatory FilingNigerian Exchange Shrinks by N167bn as Investors Exit PositionsSterling Holdings Slumps amidst Missed Regulatory FilingNigerian Exchange Shrinks by N167bn as Investors Exit PositionsMauritania Unlocks Access to Additional IMF LoansNigerian Exchange Shrinks by N167bn as Investors Exit PositionsMauritania Unlocks Access to Additional IMF LoansUnity Bank Deepens Commitment to Financial Literacy with Youth OutreachNigeria Opens N300bn Worth of Sukuk for SubscriptionHow Nigeria’s Indigenous Energy Companies Are Rewriting Energy StoryGabon’s Debt Swap Constitutes Distressed Exchange—Moody’sDollar Rallies Amidst US-China Temporary Trade War PauseNigeria to End Foreign Shipping Waivers
Tue. May 13th, 2025

Profit Taking in the Oil Market Feb. 1, 2016 (Video)

By EconMatters

There was a lot of profit taking on Monday in the oil market. Will we still finish the week higher after such a slow start to the trading week? Well we did last week, so it is not entirely impossible. Just another day trading in the oil markets. Actually pretty standard price action for a Monday.

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