Global oil prices extended their decline on Friday as concerns over China slowing demand for the commodity and the United States-Iran nuclear deal continue to weigh...
The oil market faces a potential massive shortfall as Saudi Arabia's surprise decision to deepen output cuts overrides concerns over Chinese export data and growing US...
Global oil prices appreciated on Monday morning following Saudi Arabia's announcement that it will cut crude oil production by 1 million barrels per day (bpd) from...
Global oil prices appreciated on Friday after the United States lawmakers voted to have the country's debt ceiling suspended for the next two years.
Oil prices declined by 2% on Wednesday as weak Chinese data and a stronger United States dollar dragged on commodity prices.
The Nigerian National Petroleum Corporation Limited (NNPCL) on Wednesday confirmed it has indeed increased the price of petrol across the country.
Mele Kyari, the group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, has revealed that the federal government still owes the firm...
Queues are gradually resurfacing in petrol stations across Lagos as motorists scrambled to fill up their tanks just hours after President Bola Tinubu's announcement that the...
Oil prices experienced fluctuations on Monday as the market grappled with the potential implications of a tentative U.S. debt ceiling deal and the looming possibility of...
Global oil prices declined on Thursday following comments from Russian Deputy Prime Minister Alexander Novak that OPEC and allies, known as OPEC+, won’t be cutting oil...