Amid escalating attacks on shipping in the Red Sea and growing uncertainty regarding U.S. interest rate cuts, oil prices rebounded in Asian markets today. Brent crude...
Oil prices remained close to three-week highs on Tuesday, buoyed by ongoing tensions in the Middle East and signs of economic recovery in China. Brent crude...
Oil prices experienced a downward trend as investor concerns intensified regarding the demand outlook that was fueled by reports of elevated producer prices in the United...
Oil prices declined by 1% on Friday as concerns over slowing demand highlighted by the International Energy Agency (IEA) overshadowed geopolitical tensions and hopes of U.S....
Oil prices faced a downward trend on Thursday as U.S. crude inventories witnessed a substantial surge, raising concerns about demand in the world’s largest economy and...
Adegbite Falade, the Chief Executive Officer and Managing Director of Aradel Holdings Plc, has called for increased transparency among indigenous oil companies operating in Nigeria. Falade...
In January 2024, Nigeria experienced a marginal decline in its crude oil production compared to the preceding month, according to the latest report released by the...
Oil prices rose on Tuesday amidst escalating tensions in the Middle East, driven by concerns over potential disruptions in supply. However, gains were tempered by lingering...
Oil declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with...
Oil prices remained relatively stable on Friday, showing resilience amid ongoing tensions in the Middle East, with both Brent and West Texas Intermediate (WTI) crude oils...
