Oil prices slipped on Thursday as concerns over weak U.S. demand and oversupply weighed on market sentiment despite escalating geopolitical tensions in the Middle East and...
Crude oil prices rose modestly on Wednesday as geopolitical tensions lifted sentiment, but analysts cautioned that growing supply will limit further gains. Brent crude oil, against...
Gold advanced on Wednesday to trade above $3,643 an ounce as investors positioned ahead of key US inflation data and next week’s Federal Reserve policy meeting. Bullion...
The Dangote Refinery has assured Nigerians that the ongoing strike by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) will not disrupt petrol supply...
OPEC+ will raise oil production by 137,000 barrels per day from October, a modest increase led by Saudi Arabia’s push to defend market share amid weakening...
Oil prices recovered on Monday after OPEC+ announced a smaller-than-expected output increase and market sentiment shifted on renewed concerns over possible sanctions on Russian crude. Brent...
Crude oil prices extended losses on Thursday as investors positioned for the weekend meeting of the Organization of the Petroleum Exporting Countries and allies (OPEC+) where...
The Presidential Compressed Natural Gas Initiative (PCNGI) has clarified that the Federal Government does not subsidize Compressed Natural Gas (CNG). In a statement issued on Wednesday,...
Oil prices advanced on Tuesday ahead of the OPEC+ meeting scheduled for September 7 with analysts projecting that the producer group will keep existing voluntary supply cuts...
Gold briefly crossed a new intraday record of $3,508 per ounce on Tuesday before paring gains as the dollar strengthened. The precious metal advanced as much...
