

Oil prices held steady on Wednesday as global markets turned their attention to the next phase of diplomatic engagement between Russia and Ukraine with investors assessing...


Oil prices steadied on Wednesday after a sharp decline in the previous session as traders balanced concerns about a potential oversupply in 2026 with new diplomatic...


Oil prices edged lower on Tuesday as concerns that global supply will outpace demand in 2026 outweighed renewed attention on Russian crude sanctions and the stalled...


Oil markets are adjusting to renewed geopolitical developments as U.S. President Donald Trump intensifies efforts to conclude a revised Russia–Ukraine peace agreement, a move analysts say...


Oil prices declined further on Friday, continuing a three-session losing streak as renewed diplomatic efforts between the United States and Ukraine raised the prospect of increased...


Oil prices came under pressure on Wednesday as fresh data indicating higher crude stockpiles in the United States raised renewed concerns about oversupply in the global...


Oil prices retreated on Tuesday as the resumption of crude loadings at Russia’s Novorossiysk export hub helped ease immediate supply concerns following temporary disruptions caused by...


Oil prices declined on Monday as crude loadings resumed at Russia’s key Black Sea export hub following a temporary suspension. Brent crude oil, against which Nigerian...


Oil prices advanced on Tuesday as investors reacted to the latest round of U.S. sanctions on Russian crude and refined products, a move that heightened supply...


Nigeria’s gross profit from crude oil and gas operations declined by an estimated ₦824.66 billion in 2024 compared to the previous year. According to the latest...