Global oil prices reversed losses to extend bullish run slightly on Tuesday as demand recovery overshadowed the outbreak of highly contagious Delta variant COVID-19. Brent crude...
Alhaji Sanusi Fari, the national president of Independent Petroleum Marketers Association of Nigeria (IPMAN), on Monday has denied rumours of planning to go on strike saying...
Oil prices dipped modestly on Thursday but still held close to their highest in almost three years, supported by drawdowns in U.S. inventories and accelerating German...
South Sudan’s Ministry of Petroleum (MoP) officially launched the country’s first-ever oil and gas licensing round in Juba on Wednesday; Hosted by the MoP and attended...
Crude oil prices sustained bullish runs amid rising demand for global oil and likely delay in Iranian crude supply to global oil market. Brent crude oil,...
The Nigeria Extractive Industries Transparency Initiative (NEITI) on Thursday released its 2019 oil and gas industry audit report, which shows that Nigeria earned N34.22 billion from...
The strong U.S Dollar pressured global crude oil prices on Thursday despite the big drop in U.S crude oil inventories. The Brent crude oil, against which...
Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran...
Oil prices rose on Monday, hitting their highest levels in more than two years supported by economic recovery and the prospect of fuel demand growth as...
The Federal Government has spent a total sum of N197.74 billion on fuel subsidy in the first quarter (Q1) of 2021, according to the Federal Account...