Global crude oil markets traded steadily on Thursday with prices holding within a narrow range as investors looked past short-term supply disruptions and focused on broader...
Seplat Energy Plc has achieved first gas at its 300 million standard cubic feet per day (MMscfd) ANOH Gas Processing Plant, a major milestone in Nigeria’s...
Crude oil prices are expected to remain highly sensitive to geopolitical developments in the near term with market direction driven largely by risk perception rather than...
Brent crude Oil, the global oil benchmark, traded around $64 per barrel in early trading today as the oil market showed signs of stability amid balanced...
Gold prices eased from record levels as investors pared safe-haven positions amid improving risk sentiment across global markets. Spot gold fell 0.5 percent to about $4,598...
Global oil prices retreated from multi-month highs as investors scaled back risk positions following easing geopolitical concerns in the Middle East. Brent crude oil, against which...
Dangote Refinery’s Managing Director, David Bird, has said that sustained domestic refining and stable fuel pricing are playing a critical role in supporting the naira and...
Oil prices advanced on Tuesday as rising geopolitical tensions surrounding Iran pushed supply risk to the forefront of market sentiment, outweighing expectations of additional crude entering...
Nigeria’s downstream fuel market is undergoing a structural shift as independent petroleum marketers increasingly source Premium Motor Spirit (PMS) directly from the Dangote Refinery as they...
Competition in Nigeria’s downstream petroleum market has intensified with fuel marketers cutting petrol pump prices below the ₦739 per litre benchmark associated with supplies from the...
