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...
Nigeria is expected to receive a boost in fuel availability as the Dangote Petroleum Refinery prepares to supply 50 million litres of Premium Motor Spirit (PMS)...
Nigeria will maintain its crude oil production quota at 1.5 million barrels per day (mbpd) through December 2026 following a decision by the Organisation of the...
Oil prices advanced on Monday as OPEC+ members reaffirmed their decision to maintain output levels while the Caspian Pipeline Consortium suspended exports following a major drone...
Oil prices held steady on Wednesday as global markets turned their attention to the next phase of diplomatic engagement between Russia and Ukraine with investors assessing...
Oil prices steadied on Wednesday after a sharp decline in the previous session as traders balanced concerns about a potential oversupply in 2026 with new diplomatic...
Oil prices edged lower on Tuesday as concerns that global supply will outpace demand in 2026 outweighed renewed attention on Russian crude sanctions and the stalled...
Calabar and Warri ports recorded an uncommon spike in petroleum traffic over the past several days with midstream operators handling more than 91,000 metric tonnes of...
Nigeria has recorded a sharp rise in petrol importation activity with approximately 194 million litres of Premium Motor Spirit (PMS) entering various ports within a four-day...
Oil markets are adjusting to renewed geopolitical developments as U.S. President Donald Trump intensifies efforts to conclude a revised Russia–Ukraine peace agreement, a move analysts say...
