Oil prices edged lower on Tuesday as concerns that global supply will outpace demand in 2026 outweighed renewed attention on Russian crude sanctions and the stalled...
Oil markets are adjusting to renewed geopolitical developments as U.S. President Donald Trump intensifies efforts to conclude a revised Russia–Ukraine peace agreement, a move analysts say...
Oil prices declined further on Friday, continuing a three-session losing streak as renewed diplomatic efforts between the United States and Ukraine raised the prospect of increased...
Oil prices came under pressure on Wednesday as fresh data indicating higher crude stockpiles in the United States raised renewed concerns about oversupply in the global...
Oil prices retreated on Tuesday as the resumption of crude loadings at Russia’s Novorossiysk export hub helped ease immediate supply concerns following temporary disruptions caused by...
Oil prices declined on Monday as crude loadings resumed at Russia’s key Black Sea export hub following a temporary suspension. Brent crude oil, against which Nigerian...
Oil prices advanced on Tuesday as investors reacted to the latest round of U.S. sanctions on Russian crude and refined products, a move that heightened supply...
Nigeria’s gross profit from crude oil and gas operations declined by an estimated ₦824.66 billion in 2024 compared to the previous year. According to the latest...
Oil prices rose on Monday as optimism surrounding the possible resolution of the prolonged United States government shutdown boosted investor confidence and demand outlook in the...
Oil prices rose modestly on Thursday as market sentiment improved following three consecutive months of decline, with easing concerns over global oversupply providing limited support to...
