Oil prices were mixed in the international market on Monday amid hopes of stronger demand backed by higher factory activity in China as concerns emerged that...
The Nigerian Army has stepped up its efforts to combat illicit refining and oil theft in the Niger Delta region, dismantling over 56 illegal oil bunkering...
The expectation of the Federal Government of Nigeria clinching a daily crude oil output of 2 million barrels per day by the end of December 2024...
Oil prices edged lower on Friday extending pressures from the week due to easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of...
Oil prices gained on Thursday after Israel and Lebanese armed group Hezbollah traded accusations that their ceasefire had been violated as the US Thanksgiving holiday limited...
Oil prices slid marginally on Wednesday, fuelled by a surprise build in US petroleum stocks and worries about US interest rate cuts next year as the...
Oil prices settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium and easing some tensions in the Middle...
Oil prices slid by $2 a barrel on Monday after Israel and Lebanon reportedly agreed to the terms of a deal to end the Israel-Hezbollah conflict,...
Nigeria’s crude oil production comes under scrutiny as figures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) contradict the Nigerian National Petroleum Company Limited (NNPC)’s claim....
Oil prices climbed about 1 percent on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk premium. Brent crude futures rose...
