Oil extended gains on Thursday after Israel rejected a ceasefire offer from Hamas, while a weaker dollar also supported prices. Brent crude oil, against which Nigerian...
Oil prices rose marginally as geopolitical tensions flared in the Middle East while the Federal Reserve’s hawkish comments added to market uncertainties. Brent crude hovered around...
Oil prices nudged higher on Monday, recovering from sharp falls last week, after Washington pledged to launch further strikes on Iran-backed groups in the Middle East...
Amidst a backdrop of plummeting oil and gas prices, the efficiency gains of the U.S. oil and gas industry have emerged as a thorn in the...
Oil prices edged up on Thursday, supported by signals from the U.S. Federal Reserve on a possible start to rate cuts and as China unveiled new...
Oil prices dipped on Wednesday as concerns over China’s economic performance and escalating tensions in the Middle East weighed on market sentiment. Brent crude oil, against...
As geopolitical tensions mount in the wake of the deadly attack on American troops in Jordan, the global oil market braces for potential ramifications, with Brent...
Saudi Arabia’s state-owned oil company, Aramco, has decided to suspend its ambitious plan to boost oil production capacity to 13 million barrels per day (bpd) as...
Amidst concerns over China’s faltering property sector and escalating tensions in the Middle East, oil prices experienced a significant dip on Monday. Brent crude oil, against...
Nigeria’s foreign exchange rate policy has long been as clear as the crude oil that underpins Africa’s largest economy. Businesses and investors have had to contend...
