The Nigerian Upstream Petroleum Regulatory Commission has recorded official petroleum reserves of 37.28 billion barrels of crude oil and condensate, along with 210.54 trillion cubic feet...
Global oil prices declined on Tuesday as concerns over weakening demand and ongoing trade tensions between the United States and China weighed on market sentiment. Brent...
Crude oil prices posted modest gains on Monday following a 5 percent year-on-year rebound in China’s March import volumes. The recovery was driven by increased in...
Global oil prices remained largely stable on Friday but extended their decline for a second consecutive week as investor sentiment weakened further due to escalating trade...
Brent crude dropped below $60 per barrel on Tuesday hitting its lowest level in four years as U.S. President Donald Trump’s latest round of tariffs fueled...
Goldman Sachs has warned that Brent crude prices could fall below $40 per barrel in an extreme downside scenario triggered by a global economic slowdown and...
Crude oil prices continued downward on Monday as trade tensions between the United States and China raised concerns over a global economic slowdown. The decline pushed...
Oil prices continued their sharp decline on Friday as global markets reacted to the latest round of U.S. trade measures and a coordinated output increase from...
Oil prices edged higher on Monday as market participants reacted to renewed geopolitical risks following threats by U.S. President Donald Trump to impose secondary tariffs on...
United States President Donald Trump has issued a direct warning to Russia, threatening to impose secondary sanctions on countries buying Russian crude if President Vladimir Putin...