Global oil prices fell sharply on Tuesday as escalating trade tensions between the United States and China, coupled with a bearish supply outlook from the International...
Nigeria’s first crude oil export terminal in 50 years is undergoing a major expansion that will raise its storage capacity from 750,000 barrels to 3 million...
Oil prices climbed on Monday, reversing part of last week’s sharp losses, as investors looked ahead to potential discussions between the presidents of the United States...
Oil prices traded within a narrow range on Thursday as investors weighed the potential impact of a Gaza ceasefire against stalled peace efforts in Ukraine that...
Oil prices gained on Monday after the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed to raise output by a modest...
Oil prices posted their sharpest daily decline since August 1 as concerns over rising supply and weak demand weighed heavily on the market. Brent crude oil,...
The Nigerian National Petroleum Company Limited (NNPC) has signed a new two-year crude oil sales and purchase agreement with the Dangote Petroleum Refinery. The deal, finalized...
Oil prices fell on Monday as the resumption of crude exports from Iraq’s Kurdistan region coincided with expectations that OPEC+ will approve another production hike in...
OPEC+ has delivered only about three-quarters of the production hikes it targeted since April, with actual output falling nearly 500,000 barrels per day (bpd) short of...
Oil prices advanced on Friday to post more than a 4% gain for the week as intensified Ukrainian drone strikes on Russia’s energy infrastructure forced Moscow...
