Nigeria’s crude oil production remained below its allocated quota from the Organization of the Petroleum Exporting Countries in April 2026 despite a modest improvement in output...
Oil prices climbed nearly 1% on Tuesday as uncertainty surrounding ceasefire negotiations between the United States and Iran renewed fears of prolonged supply disruptions across the...
Aliko Dangote is considering Kenya as the location for a proposed 650,000 barrels-per-day oil refinery project that could transform fuel supply across East Africa and reduce...
Global crude oil prices surged above $105 per barrel on Monday after renewed tensions between the United States and Iran heightened fears of prolonged supply disruptions...
Crude oil prices rebounded on Friday after renewed tensions between the United States and Iran reignited concerns over global supply disruptions and the reopening of the...
Global crude oil prices traded cautiously on Thursday as investors weighed the possibility of a peace agreement between the United States and Iran against ongoing supply...
Nigerian crude oil producers supplied only 41 percent of the crude volumes offered to domestic refineries in the first quarter (Q1) of 2026 despite the country’s...
Global crude oil prices remained elevated on Tuesday as geopolitical tensions in the Middle East continued to disrupt supply flows. Brent crude oil, the international benchmark...
Crude oil prices eased on Monday but remained firmly above the $100 per barrel threshold as persistent supply disruptions linked to tensions around the Strait of...
Crude oil prices climbed above $120 per barrel on Thursday as escalating geopolitical tensions in the Middle East disrupted global supply flows and heightened market uncertainty....
