Oil prices declined further on Friday, continuing a three-session losing streak as renewed diplomatic efforts between the United States and Ukraine raised the prospect of increased...
Oil prices came under pressure on Wednesday as fresh data indicating higher crude stockpiles in the United States raised renewed concerns about oversupply in the global...
Oil prices retreated on Tuesday as the resumption of crude loadings at Russia’s Novorossiysk export hub helped ease immediate supply concerns following temporary disruptions caused by...
Dangote Petroleum Refinery & Petrochemicals Company Limited (“Dangote Refinery”) has formally rejected a viral social-media advertisement that claimed it was partnering with a dispatch-rider fuel-delivery service....
Global equity markets delivered a mixed performance on Monday as investors weighed the end of the U.S. government shutdown against the resumption of delayed economic data...
Oil prices declined on Monday as crude loadings resumed at Russia’s key Black Sea export hub following a temporary suspension. Brent crude oil, against which Nigerian...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured Nigerians that the country has sufficient petroleum products to meet demand during the current peak...
Oil prices advanced on Tuesday as investors reacted to the latest round of U.S. sanctions on Russian crude and refined products, a move that heightened supply...
Nigeria’s gross profit from crude oil and gas operations declined by an estimated ₦824.66 billion in 2024 compared to the previous year. According to the latest...
Oil prices rose on Monday as optimism surrounding the possible resolution of the prolonged United States government shutdown boosted investor confidence and demand outlook in the...
