

Green Energy International Limited (GEIL) has announced the commencement of crude oil export operations from the newly developed Otakikpo Onshore Crude Oil Export Terminal in Rivers...


Oil prices traded narrowly on Monday as investors turned their attention to the upcoming U.S.-China trade negotiations in London, a development seen as critical for shaping...


The OPEC+ alliance’s accelerated move to boost oil-production quotas has yet to yield meaningful increases in actual output, according to a recent market note by Morgan...


Oil prices declined marginally on Friday, but both Brent and West Texas Intermediate (WTI) crude benchmarks posted their first weekly gains in three weeks as renewed...


Global investment in crude oil is projected to decline by 6% in 2025, the first substantial downturn in upstream oil spending since the COVID-19-induced slump in...


Crude oil prices held firm on Tuesday as rising geopolitical tensions in the Middle East and Eastern Europe continued to support market sentiment. Brent crude oil,...


Oil prices rebounded sharply on Monday following OPEC+’s decision to maintain its measured production increase for July, easing investor concerns about a larger-than-expected output expansion. Brent...


Oil prices extended their weekly losses on Friday on expectations of a fresh output hike by OPEC+ and renewed legal uncertainty surrounding U.S. tariffs imposed by...


Oil prices held within a narrow range on Wednesday as market participants digested new U.S. sanctions on Venezuela impacting Chevron’s operations while anticipation ahead of a...


Global crude oil prices remained largely stable on Tuesday as market participants assessed the likelihood of a production increase by the Organisation of the Petroleum Exporting...