Brent crude oil, against which Nigerian oil is priced, gained 18 cents to settle at $76.07 a barrel in the early hours of Wednesday. The slight...
Oil prices experienced a significant surge, bolstered by escalating tensions in the Middle East and optimistic economic moves by China, the world’s top importer of crude...
The global oil market is poised to close out 2023 with the first annual decline in two years as it is expected to close at a...
The Organisation of the Petroleum Exporting Countries (OPEC) stands as the harbinger of positive projections for the global oil market in 2024. In its latest monthly...
Oil prices demonstrated resilience on Tuesday, steadying themselves against a backdrop of geopolitical tensions in the Middle East and an air of optimism surrounding potential interest...
In a strategic move to attract crucial investments and rejuvenate its oil and gas sector, Nigeria, the largest economy in Africa, has unveiled a series of...
Oil prices fell on Thursday and were on track to snap a three-day winning streak, as concerns over low demand following a surprise U.S. crude inventory...
In the intricate web of the Niger Delta’s challenging oil landscape, Shell Petroleum Development Company (SPDC) unveiled its 2022 Briefing Notes, revealing 75 recorded oil spill...
Global oil prices experienced an upward trend fueled by a combination of heightened geopolitical tensions and strategic decisions by major players. The recent attacks on commercial...
Oil prices saw a modest uptick of about 1% on Wednesday, driven by a confluence of factors ranging from geopolitical tensions in the Middle East to...