Oil prices settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium and easing some tensions in the Middle...
Oil prices slid by $2 a barrel on Monday after Israel and Lebanon reportedly agreed to the terms of a deal to end the Israel-Hezbollah conflict,...
Nigeria’s crude oil production comes under scrutiny as figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) contradict the Nigerian National Petroleum Company Limited (NNPC)’s claim....
Oil prices climbed about 1 percent on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk premium. Brent crude futures rose...
Oil climbed 2 percent on Thursday as tensions between Russia and Ukraine continued to heighten as the countries launched missiles at each other, worrying markets about...
The Nigerian National Petroleum Company Limited (NNPCL) has commenced the exportation of its new Utapate crude oil blend, produced from the Utapate field in Oil Mining...
Oil prices fell on Wednesday as investors weighed the intensifying war between Russia and Ukraine, and a rise in crude stocks in the United States. Brent...
Oil prices fell marginally on Tuesday as Norway’s oilfield restarted production and plans by Iran to cap its uranium stockpile offsetting concerns about escalation of the...
Oil prices climbed more than $2 on Monday after crude production was halted in Norway, which added to the latest escalation of the Russia-Ukraine war. Brent...
Crude oil futures opened the week relatively flat but remained under significant pressure as the market continues to be predominantly concerned about global demand dynamics. While...