Oil prices edged lower on Thursday from the previous session’s seven-week high as investors took profits and broader market weakness pressured commodities. Brent crude oil, against...
The move by Britain, France, and Germany to revive international sanctions on Iran is unlikely to significantly reduce Tehran’s oil exports but could create opportunities for...
Nigeria allocated 67.6 million barrels of crude oil to local refineries between January and August 2025, representing 45 per cent below industry demand and casting fresh...
Crude oil prices held within a narrow range on Monday as geopolitical concerns surrounding Russia and the Middle East were offset by renewed fears of oversupply...
Oil prices edged lower on Thursday after the U.S. Federal Reserve cut interest rates as traders weighed the expected boost from looser monetary policy against concerns...
Russia’s state-owned oil pipeline monopoly, Transneft, has reportedly warned oil producers that they may be required to cut output following a series of drone attacks by...
Oil prices climbed on Monday as investors weighed the impact of Ukrainian drone attacks on key Russian oil infrastructure that could disrupt global crude and fuel...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a decline in crude oil losses, with theft and metering discrepancies reduced by 94.6 percent since 2021....
Oil prices slipped on Thursday as concerns over weak U.S. demand and oversupply weighed on market sentiment despite escalating geopolitical tensions in the Middle East and...
Crude oil prices rose modestly on Wednesday as geopolitical tensions lifted sentiment, but analysts cautioned that growing supply will limit further gains. Brent crude oil, against...
