The Organization of the Petroleum Exporting Countries (OPEC) has raised its projections for world oil demand in its latest World Oil Outlook published on Tuesday. The...
Global oil prices appreciated slightly on Monday during the Asian trading session, following last week’s interest rate cut in the United States and a decline in...
Crude gained on Tuesday following Hurricane Francine disruption in the U.S. and the possibility of an interest rate cut in the U.S. These two factors have...
Hopes for cheaper Premium Motor Spirit (PM), otherwise known as petrol, rose, last night, as indications emerged that the product may sell for between N857 and...
Oil prices rose on Friday, extending a rally sparked by output disruptions in the U.S. Gulf of Mexico, where Hurricane Francine forced producers to evacuate platforms...
Oil jumped in Asian trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and as markets recovered from a selloff following weaker-than-expected...
Oil prices made a modest recovery on Thursday on the expectations that OPEC+ may delay planned production increases and the drop in U.S. crude inventories. Brent...
The Nigerian National Petroleum Company (NNPC) Limited has once again increased the price of Premium Motor Spirit (PMS) from N855 per litre on Tuesday to N897...
Oil prices stabilised on Monday as Libyan oil exports remained halted and following losses at the end of last week on expectations of higher OPEC+ production...
Oil prices fell for the fifth consecutive session on Thursday, driven down by persistent concerns over global demand despite a recent decline in U.S. fuel inventories....