On Sunday, Saudi Arabia and other OPEC+ oil producers announced an unexpected reduction in oil output cuts of around 1.16 million barrels per day. The move,...
Oil prices were holding steady on Friday as investors awaited the release of key U.S. inflation data that could provide clues on future interest rate moves....
Oil prices increased on Thursday due to a surprise decline in U.S. crude stockpiles and a stoppage in exports from the Kurdistan region of Iraq that...
The Nigerian National Petroleum Company Limited, NNPCL has intensified efforts to boost the nation’s crude oil reserves to 50 billion barrels. Investors King gathered that the...
Crude oil prices continued their upward trend on Tuesday following significant gains recorded the previous day. The increase was driven by concerns over supply disruption in...
Oil prices rose on Monday as investors evaluated efforts by authorities to address concerns about the global banking system. Brent crude oil, against which Nigerian oil...
Oil prices saw a slight decrease on Wednesday following indications of weak demand and the anticipation of a crucial interest rate decision by the U.S. Federal...
The deal eased investors confidence ahead of Federal Reserve meeting scheduled for tomorrow and boosted oil prices.
Rising global uncertainty concerning the rout in the banking system following the collapse of three major global banks has plunged oil prices to 15 months low...
After a week of steep declines, oil prices rebounded on Friday thanks to a meeting between Saudi Arabia and Russia that calmed markets and support measures...
