The current energy market picture is looking good for oil bulls. International benchmark Brent crude passed the long-anticipated threshold of $80 per barrel on Tuesday, though it’s...
Oil markets climbed for a sixth day on Tuesday, reversing earlier losses, on fears over tight supply while surging prices of liquefied natural gas (LNG) and...
Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick...
Oil held steady near the highest close since 2018, with the global energy crunch set to increase demand for crude as stockpiles fall from the U.S....
Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential...
Oil prices declined on Monday after the United States Dollar rose to a three-week high and the U.S oil rig count increased amid drop in U.S....
Oil dipped toward $72 a barrel in New York after prices of energy commodities in Europe halted a record-breaking run. West Texas Intermediate futures fell 0.6%,...
The minister of State for Petroleum Resources, Timipre Sylva, has launched a US$50 million Nigerian Content Research and Development (R&D) fund, this is seen as a...
Crude oil gained on Monday amid concerns output from the United States, the world’s largest oil producer may remain below usual level given damages done by...
Oil rose towards $73 a barrel on Friday, supported by growing signs of supply tightness in the United States as a result of Hurricane Ida and...