The Nigerian National Petroleum Company Limited (NNPC) has returned to the international crude market with offers for cargoes of Cawthorne and Bonny Light as Nigeria expands...

Global oil prices climbed sharply on Wednesday as renewed geopolitical tensions in the Middle East and a larger-than-expected decline in U.S. crude inventories reinforced concerns over...

Nigeria’s ambition to raise crude oil production to 3 million barrels per day by 2030 will depend on how quickly recently awarded oil and gas assets...

China’s weakening appetite for crude oil is helping ease pressure on global oil markets by cushioning the impact of supply disruptions in the Middle East and...

Crude oil prices climbed above $100 per barrel on Friday as escalating conflict in the Middle East intensified concerns about the security of major shipping routes...

Nigeria has moved into the commercial stage of its 2025 oil licensing round as qualified investors compete for 50 exploration blocks expected to attract approximately $10...

Crude oil prices declined on Tuesday as reports of a proposed ceasefire between the United States and Iran reduced immediate concerns about further disruption to Middle...

Crude oil prices advanced by about 3 percent on Monday as escalating military exchanges between the United States and Iran intensified concerns over supplies passing through...
Crude oil prices advanced on Friday and were positioned for their strongest weekly performance in months as renewed fighting between the United States and Iran revived...

Crude oil prices extended their rally on Wednesday as renewed hostilities between the United States and Iran disrupted the recovery in Middle East exports and forced...