Nigeria’s active oil production rigs have climbed to their highest level in four years following targeted policy reforms and new regulatory frameworks aimed at revitalising the...
The Organization of the Petroleum Exporting Countries (OPEC) has cut its global oil demand forecasts for the next four years, citing weaker economic growth in China...
Oil prices declined moderately on Thursday as investors weighed the potential impact of fresh tariff threats from U.S. President Donald Trump on global economic growth and...
Global crude oil prices slipped on Monday as renewed trade tensions between the United States and China and escalating security threats in the Red Sea added...
Oil prices declined on Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a larger-than-anticipated production increase for August. Brent crude...
Global oil traded largely flat on Wednesday as traders weighed the prospect of increased supply from OPEC+ producers against signs of a weaker US dollar and...
Oil prices held steady on Tuesday as traders weighed signals that the OPEC+ alliance intends to increase crude output by 411,000 barrels per day in August,...
Oil prices advanced modestly on Wednesday as market participants assessed the stability of a ceasefire between Iran and Israel, while improved U.S. demand indicators and expectations...
Nigeria generated ₦70.1 trillion in oil export revenue between January 2024 and March 2025, according to new data from the National Bureau of Statistics (NBS). Despite...
Oil prices fell sharply on Tuesday after Israel and Iran agreed to a ceasefire proposal brokered by the United States, easing concerns over potential supply disruptions...
