Global oil prices declined on Tuesday as expectations of ample supply and subdued demand continued to weigh on sentiment. Brent crude oil, against which Nigerian crude...
Oil prices edged lower on Monday as ample global supply outweighed geopolitical concerns following the United States’ detention of Venezuelan President Nicolás Maduro over the weekend....
Oil prices advanced on Monday as investors weighed fresh signals from U.S.–Ukraine peace discussions alongside escalating geopolitical risks in the Middle East that could threaten global...
Oil prices edged higher on Friday as markets reacted to fresh supply-side risks linked to U.S. economic pressure on Venezuelan crude exports and reports of U.S....
Oil prices moved higher on Monday as fresh geopolitical developments injected new uncertainty into global crude supply and offset lingering concerns about oversupply and weak fundamentals....
Oil prices edged higher on Thursday as investors assessed the likelihood of additional U.S. sanctions on Russia’s energy sector and the potential supply disruptions linked to...
Oil prices fell on Tuesday, extending losses from the previous session, as growing optimism over a potential Russia-Ukraine peace deal fuelled expectations that sanctions on Russian...
Crude oil prices closed lower last week as markets continued to price in signs of oversupply and easing geopolitical risk. Oil traders remained focused on supply-side...
Oil prices retreated on Thursday as traders redirected attention toward developments in Russia-Ukraine peace negotiations while weighing the potential implications of a U.S. seizure of a...
Nigeria’s upstream industry reached a significant milestone as NNPC Exploration & Production Limited (NNPC E&P) achieved a daily crude output of 355,000 barrels per day. The...