

Nigeria generated ₦70.1 trillion in oil export revenue between January 2024 and March 2025, according to new data from the National Bureau of Statistics (NBS). Despite...


Oil prices fell sharply on Tuesday after Israel and Iran agreed to a ceasefire proposal brokered by the United States, easing concerns over potential supply disruptions...


Crude oil prices rallied sharply on Monday to their highest levels since January amid renewed supply concerns following coordinated military action by the United States and...


Oil prices rallied on Thursday as rising geopolitical tensions in the Middle East and the risk of U.S. involvement in the Israel-Iran conflict pushed crude futures...


Oil-producing states in Nigeria received a total of N124.07 billion in derivation revenue for May 2025, according to figures released after the latest Federation Account Allocation...


Oil prices declined on Wednesday as investors reassessed the risk of supply disruptions in the Middle East amid rising tensions between the United States and Iran...


Crude oil prices advanced on Tuesday as rising tensions between Israel and Iran renewed supply disruption concerns across global energy markets. Both Brent crude and West...


Global oil markets experienced heightened volatility on Monday as military strikes between Israel and Iran escalated over the past four days. Brent crude oil, against which...


Crude oil prices reversed early session gains on Thursday as market participants adjusted positions ahead of high-level diplomatic talks between the United States and Iran scheduled...


Global oil prices climbed to a near two-month high on Wednesday amid renewed optimism over U.S.-China trade talks and rising geopolitical risks linked to Iran. The...