As geopolitical tensions between Israel and Iran escalate, investors are seeking refuge in traditional safe-haven assets, particularly bonds, while crude oil prices surge on fears of...
Oil prices extended their decline for the third consecutive day on Wednesday as concerns over weaker economic data and increasing commercial inventories in the United States...
Dangote Petroleum Refinery has reduced the price of diesel from ₦1200 to ₦1,000 per litre. This price adjustment is in response to the demand of oil...
The International Energy Agency (IEA) has reduced its forecast for global oil demand growth in 2024 by 100,000 barrels per day (bpd). The agency cited a...
The Federal Government of Nigeria has announced that domestic crude oil refiners and other operators in the sector are now permitted to buy crude oil in...
Citigroup Inc. has predicted that the world’s leading safe haven asset, gold will reach $3,000 per ounce. This announcement comes amidst a significant surge in investor...
Oil prices fell on Monday as market participants reevaluated their risk premiums in the wake of Iran’s weekend attack on Israel, which the Israeli government said...
Nigeria’s crude oil production declined for the second consecutive month in March, according to the latest report from the Organization of Petroleum Exporting Countries (OPEC). Data...
Amidst growing apprehensions of a potential conflict in the Middle East, oil prices have inched higher as investors anticipate a strike from Iran. The specter of...
As tensions simmer in the Middle East and concerns loom over Federal Reserve policy, gold continues its upward trajectory, defying expectations and reinforcing its status as...
