OPEC+ will raise oil production by 137,000 barrels per day from October, a modest increase led by Saudi Arabia’s push to defend market share amid weakening...
Oil prices recovered on Monday after OPEC+ announced a smaller-than-expected output increase and market sentiment shifted on renewed concerns over possible sanctions on Russian crude. Brent...
Crude oil prices extended losses on Thursday as investors positioned for the weekend meeting of the Organization of the Petroleum Exporting Countries and allies (OPEC+) where...
Oil prices advanced on Tuesday ahead of the OPEC+ meeting scheduled for September 7 with analysts projecting that the producer group will keep existing voluntary supply cuts...
Nigeria’s non-oil export earnings are approaching parity with crude oil revenue for the first time in decades, according to the National Orientation Agency (NOA). The development...
Oil prices traded lower on Monday as concerns about rising supply and the impact of U.S. tariffs on global demand overshadowed supply disruptions linked to intensified...
Crude oil prices retreated on Thursday as expectations of reduced U.S. fuel consumption weighed on market sentiment. Brent crude oil, against which Nigerian crude oil is...
Oil prices advanced on Monday, extending last week’s gains as investors priced in heightened risks of supply disruptions from escalating geopolitical tensions. Brent crude oil, against...
Oil prices were stable on Friday as optimism for an imminent peace deal between Russia and Ukraine faded, keeping the market on track for its first...
Crude oil prices extended gains on Thursday as strong demand signals from the United States and lingering uncertainty over negotiations to end the war in Ukraine...
