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...
Nigeria’s crude oil refining capacity has taken a significant hit, reducing to a mere 6,000 barrels per day, according to the latest Annual Statistical Bulletin from...
Oil prices experienced a reversal on Wednesday following a 1% rise in the previous session. Investors appeared unfazed by concerns arising from supply cuts from Saudi...
Oil prices saw a modest uptick on Monday, driven by expectations of ongoing supply constraints from major oil producers and optimism that the Federal Reserve will...
In the wake of disconcerting news that China’s manufacturing sector has contracted for the fifth consecutive month, global oil prices saw a dip on Thursday. Meanwhile,...
Oil prices saw a notable uptick on Tuesday, driven by a weakening dollar and mounting concerns about the potential impact of Hurricane Idalia on energy supply...
