Oil prices stabilised on Friday as additional sanctions on Iran and Russia eased supply worries, while a surplus outlook weighed on markets. Brent crude futures edged...
Oil prices were up on Friday morning, supported by gains from an additional round of European Union (EU) sanctions that threatened Russian oil flows and improved...
A fresh report has revealed that oil production in Nigeria is rebounding. The data, from the upstream regulator showed that the country’s oil production has been...
Oil prices rose on Wednesday morning with market participants expecting demand to rise in the world’s largest crude importer as it announced a flexible monetary policy...
Oil prices slipped on Tuesday as investors’ concerns eased about the fallout from Syrian President Bashar al-Assad’s overthrow while China vows to ramp up policy stimulus. Brent...
For the concluding week, Brent prices lost more than 2.5 percent while the US West Texas Intermediate (WTI) saw a drop of 1.2 percent. Analysts projected...
Oil prices edged lower on Friday, December 6, with weak demand in focus after the Organisation of the Petroleum Exporting Countries and its allies, OPEC+ postponed...
Oil prices were slightly down on Thursday as the market anticipated decisions from a meeting of the Organisation of the Petroleum Exporting Countries and its allies...
Oil prices rose more than 2 per cent on Tuesday as Israel threatened to attack Lebanon if the ceasefire deal with Hezbollah collapses while the market...
The Governor of Lagos State, Babajide Sanwo-Olu, on Tuesday signed into law the Electricity Bill 2024, aimed at improving the power supply in Nigeria’s commercial capital....
