Nigeria will maintain its crude oil production quota at 1.5 million barrels per day (mbpd) through December 2026 following a decision by the Organisation of the...
Oil prices advanced on Monday as OPEC+ members reaffirmed their decision to maintain output levels while the Caspian Pipeline Consortium suspended exports following a major drone...
Oil prices held steady on Wednesday as global markets turned their attention to the next phase of diplomatic engagement between Russia and Ukraine with investors assessing...
Oil prices steadied on Wednesday after a sharp decline in the previous session as traders balanced concerns about a potential oversupply in 2026 with new diplomatic...
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...
