Oil prices remained steady on Thursday after two days of gains as escalating supply risks in the Middle East counterbalanced ongoing concerns over global demand. This...
Oil prices experienced a notable decline on Monday amidst a turbulent global stock market selloff. However, the drop in prices was tempered by concerns over potential...
A recent report by PricewaterhouseCoopers (PwC) has revealed that corporate deals between privately held businesses and investors have plummeted to their lowest level in eight years....
In a volatile trading session on Monday, crude oil prices extended their losses as fears of a recession in the United States and concerns about rising...
Oil prices remained steady on Friday but are set for their fourth consecutive weekly decline as concerns over weak global fuel demand overshadow fears of supply...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced a notable increase in daily crude oil production. As of July 23rd, production levels have surged to 1.61...
The Federal Government of Nigeria has introduced naira-denominated crude oil sales to local refineries to support local refineries and finally putting an end to the Domestic...
Brent crude oil, against which Nigerian crude oil is priced, dropped by $1.35 or 1.7% on Monday to $79.78 per barrel. This decline comes in the...
The Minister of Finance, Wale Edun, has announced that federal government revenue from the oil sector increased from 11% in 2023 to 30% in the first...
Crude oil fell approximately 1.5% on Friday following a weekly decline driven by decreasing demand from China and optimism about a potential ceasefire in Gaza that...
