Oil prices saw an upward trend on Friday as concerns over Russia’s ban on fuel exports potentially tightening global supply. This development overshadowed apprehensions of further...
The Nigerian National Petroleum Company Limited (NNPCL) has found itself at the center of a growing challenge faced by the Dangote Petroleum Refinery, one of Africa’s...
Oil prices dipped by almost $1 on Wednesday ahead of the U.S. Federal Reserve’s anticipated interest rate decision. Investors are grappling with uncertainty surrounding peak rates...
Exxon Mobil Corp has announced plans to boost its oil production in Nigeria by an additional 40,000 barrels per day. This renewed commitment to Nigeria’s energy...
Oil prices continued their upward trajectory for a third consecutive session of gains on Monday. The surge was driven by a series of factors, including predictions...
In the month of August, crude oil earnings from the Nigerian oil industry rose to a new record high as production levels soar. Data sourced from...
Oil prices extended their gain in the earlier hours of Friday following better-than-expected Chinese economic data and reports indicating record-breaking oil consumption. The reports have bolstered...
Oil prices rebounded on Thursday following reports that Saudi Arabia and Russia have extended production cuts. These bullish sentiments managed to eclipse concerns regarding a softer...
International Energy Agency Predicts Supply Shortfall in Q4; China's Role Remains a Wild Card in Global Oil Demand
Oil prices saw a dip on Monday following the announcement of extended voluntary supply cuts by Saudi Arabia and Russia, which had driven prices to a...
