Oil prices advanced on Tuesday as investors reacted to the latest round of U.S. sanctions on Russian crude and refined products, a move that heightened supply...
Nigeria’s gross profit from crude oil and gas operations declined by an estimated ₦824.66 billion in 2024 compared to the previous year. According to the latest...
Oil prices rose on Monday as optimism surrounding the possible resolution of the prolonged United States government shutdown boosted investor confidence and demand outlook in the...
Oil prices rose modestly on Thursday as market sentiment improved following three consecutive months of decline, with easing concerns over global oversupply providing limited support to...
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...
