Mele Kyari, group managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC) has said that the Dangote Refinery must buy at least 300,000 barrels per...
Brent crude oil extended its bullish run above $71 a barrel following reports that a fire outbreak killed oil workers on an oil platform operates by...
Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5% as new...
Oil dropped to $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker demand as COVID-19 cases rise, a stronger U.S. dollar...
Oil prices declined by more than one percent on Monday as concerns regarding slowing China’s economic activity weigh on market sentiment. Brent crude oil, against which...
U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC+ to boost oil output is unlikely to result in higher production...
Oil prices rose on Wednesday as the bullish outlook for U.S. demand outweighed concerns of the rising COVID-19 Delta variant. The Brent crude oil, against which...
Crude oil prices declined by 3 percent on Monday during the Asian trading session as rising U.S. Dollar and COVID-19 related restrictions are predicted to halt...
The Nigerian National Petroleum Corporation (NNPC) has said it would outline policies to guide its joint venture partners (JVC) that wish to divest from joint ventures...
Nigeria may end up spending N2 trillion on petrol subsidy this year if the current situation persists, the Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie,...
