Chevron Nigeria Limited has found a new oil field in the shallow offshore area of the Western Niger Delta. The new oil field was estimated to...
Oil prices fell on Friday after data showed China’s economic growth slowed and investors digested a mixed Middle East outlook. Brent crude futures fell $1.39, or...
Brent crude oil, against which Nigerian oil is priced, gained 23 cents, or 0.31 percent, to settle at $74.45 a barrel on Thursday, while the US...
The prices of crude oil fell marginally on Wednesday over less oil demand growth and reduced concerns that Middle East conflicts will disrupt supply. Investors King...
A decision by Israel not to strike Iran’s nuclear and oil sites triggered losses in the international crude oil market with Brent crude oil shedding $3.21,...
Oil prices fell 2% on Monday as the Organisation of the Petroleum Exporting Countries (OPEC) again lowered its outlook for 2024 and 2025 global oil demand...
Oil prices settled lower on Friday with Brent crude oil futures settled down 36 cents, or 0.45%, at $79.04 a barrel, while the US West Texas...
The price of major oil benchmarks jumped more than 3 percent on Thursday following increased fuel demand in the United States due to Hurricane Milton and...
Oil prices fell on Wednesday after data showed crude oil inventories grew in the United States. However, losses were contained by the heightened risk uncertainty caused...
An Italian court has sentenced two Milan prosecutors, Fabio De Pasquale and Sergio Spadaro, to eight months imprisonment for concealing evidence in an alleged corruption case...
