Oil prices slipped on Tuesday as investors interpreted OPEC+’s decision to freeze output growth in the first quarter of next year as a warning sign of...
Oil prices declined for a third consecutive session on Tuesday as investors weighed the impact of new U.S. sanctions on Russia’s top oil producers and signals...
The Dangote Refinery is preparing to commence crude oil production from its newly acquired assets in the Niger Delta. The company’s upstream units, Oil Mining Lease...
Oil prices retreated on Monday after U.S. and Chinese officials outlined a trade deal framework aimed at preventing new tariffs and easing tensions between the world’s...
Oil prices edged lower in early Friday trading, easing slightly after Thursday’s strong rally but remaining poised for their biggest weekly gain in four months. Fresh...
Nigeria’s crude oil production has rebounded to around 1.8 million barrels per day, one of the country’s strongest output levels in recent years. The recovery follows...
Nigeria plans to request an upward review of its crude oil production quota at the upcoming meeting of the Organisation of Petroleum Exporting Countries (OPEC) scheduled...
Crude oil prices advanced for the second consecutive session on Wednesday, supported by supply concerns tied to global sanctions and renewed optimism surrounding U.S.-China trade negotiations....
Global oil prices dropped on Monday to extend losses from the previous week as concerns over oversupply and renewed trade tensions between the United States and...
Oil prices stabilized on Thursday as traders assessed the potential impact of India reducing its intake of Russian crude oil. The development followed reports that New...