

Crude oil prices retreated on Thursday as expectations of reduced U.S. fuel consumption weighed on market sentiment. Brent crude oil, against which Nigerian crude oil is...


Oil prices advanced on Monday, extending last week’s gains as investors priced in heightened risks of supply disruptions from escalating geopolitical tensions. Brent crude oil, against...


Oil prices were stable on Friday as optimism for an imminent peace deal between Russia and Ukraine faded, keeping the market on track for its first...


Crude oil prices extended gains on Thursday as strong demand signals from the United States and lingering uncertainty over negotiations to end the war in Ukraine...


Oil prices were little changed on Monday as investors shifted focus to a meeting in Washington between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy...


Crude oil prices fell on Friday as weak economic data from the United States and China weighed on sentiment and forecasts of a market surplus. Brent...


Crude oil prices steadied on Thursday, recovering from recent two-month lows as investors awaited the outcome of high-stakes talks between former U.S. President Donald Trump and...


Crude oil prices experienced a slight decline on Monday as the market awaited the release of the U.S. Energy Information Administration (EIA) report. Investors are closely...


Nigeria’s crude oil production averaged 1.507 million barrels per day (bpd) in July to exceed its Organisation of the Petroleum Exporting Countries (OPEC) quota for the...


Oil prices extended losses in Asian trading on Monday as investors positioned cautiously ahead of the scheduled August 15 meeting between U.S. President Donald Trump and...