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...
Dangote Petroleum Refinery has announced a reduction in its petrol ex-depot price to ₦699 per litre as part of preparations for increased fuel demand during the...
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...
Oil prices traded in a narrow range on Wednesday as investors assessed macroeconomic signals from the United States and monitored diplomatic efforts aimed at ending the...
Oil prices declined further on Tuesday as renewed supply pressures, geopolitical uncertainty and expectations around the U.S. Federal Reserve’s policy decision continued to weigh on market...
Oil prices inched higher on Monday to close near a two-week high as investors positioned for a potential U.S. Federal Reserve interest rate cut this week...
Oil prices maintained weekly stability on Friday as market sentiment strengthened around an expected U.S. Federal Reserve rate cut, rising geopolitical tension between Washington and Caracas,...
Oil prices moved marginally higher as fresh concerns over Russian supply disruptions added a moderate risk premium to the market. Traders reacted to reports of renewed...
Russian processing rates have slipped again after a new wave of Ukrainian attacks on energy facilities heightened uncertainty around supply and price movement. Market data from...
