Oil prices fell to a two-week low on Tuesday as easing tensions in the Middle East and weakening economic indicators from China influenced global crude values....
The Independent Petroleum Producers Group (IPPG) has raised concerns over recent attempts to compel oil producers to supply crude to the Dangote Refinery and other local...
The Federal Government of Nigeria has announced that it will begin selling crude oil to the Dangote Refinery in naira, effective from October 1, 2024. This...
Oil prices declined marginally in early Asian trading on Monday as concerns over weaker demand from China, the world’s largest oil importer, persist. Brent crude oil,...
Oil prices saw a modest rise on Thursday as investors remained optimistic that potential U.S. interest rate cuts could stimulate economic activity and boost fuel consumption....
The Nigerian Army has successfully dismantled 27 illegal refining sites and seized 100,000 litres of stolen crude oil in a series of raids across the Niger...
Nigeria’s crude oil production saw a modest increase in July 2024, according to the latest data released by the Organisation of the Petroleum Exporting Countries (OPEC)....
Crude oil prices rose modestly on Wednesday, driven by a significant drop in U.S. crude inventories and mounting concerns over the potential widening of the Israel-Gaza...
Brent crude oil prices surged past the $80 per barrel mark on Monday for a fifth consecutive day of gains as a combination of eased U.S....
Oil prices saw a slight increase in Asian trade on Friday as tensions in the Middle East intensified and U.S. jobs data provided a boost to...
