Oil-producing states in Nigeria received a total of N124.07 billion in derivation revenue for May 2025, according to figures released after the latest Federation Account Allocation...
Oil prices declined on Wednesday as investors reassessed the risk of supply disruptions in the Middle East amid rising tensions between the United States and Iran...
Crude oil prices advanced on Tuesday as rising tensions between Israel and Iran renewed supply disruption concerns across global energy markets. Both Brent crude and West...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns over the persistent hike in petrol pump prices across the country despite...
Equity markets across the Middle East declined sharply on Monday as the ongoing military confrontation between Israel and Iran raised investor concerns over regional stability, economic...
Global oil markets experienced heightened volatility on Monday as military strikes between Israel and Iran escalated over the past four days. Brent crude oil, against which...
Crude oil prices reversed early session gains on Thursday as market participants adjusted positions ahead of high-level diplomatic talks between the United States and Iran scheduled...
Global oil prices climbed to a near two-month high on Wednesday amid renewed optimism over U.S.-China trade talks and rising geopolitical risks linked to Iran. The...
Green Energy International Limited (GEIL) has announced the commencement of crude oil export operations from the newly developed Otakikpo Onshore Crude Oil Export Terminal in Rivers...
Oil prices traded narrowly on Monday as investors turned their attention to the upcoming U.S.-China trade negotiations in London, a development seen as critical for shaping...