Oil prices climbed on Monday as heightened geopolitical tensions in the Middle East and encouraging economic signals from China supported market sentiment. Brent crude oil, against...
Goldman Sachs has revised downward its oil price projection amid rising global supply and increasing economic headwinds stemming from escalating trade tensions. The bank now expects...
Gold has officially broken the $3,000 per ounce barrier in a historic moment for investors and global financial markets. The surge, fueled by escalating geopolitical uncertainties,...
Oil prices reversed gains from the previous session on Thursday as markets weighed economic uncertainty, trade tensions and shifting supply-demand dynamics. Brent crude fell by 30...
West Africa emerged as a key driver of Africa’s solar expansion in 2024 as installations surged across the region amid rising electricity demand and persistent power...
Oil prices saw modest gains on Wednesday, supported by a weaker U.S. dollar, but lingering fears of a U.S. economic slowdown and the impact of global...
The competition in Nigeria’s downstream oil sector has intensified as independent petroleum marketers shift away from the Dangote Petroleum Refinery’s N825 per litre gantry price for...
Savannah Energy Plc, a British independent energy firm, has finalized the acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC). The $35.1 million...
Nigeria’s crude oil production fell further in February to 1.4 million barrels per day (bpd) despite efforts to sustain the recent increase recorded. According to data...
Oil prices held steady on Monday as investor caution intensified over the potential impact of U.S. trade policies and rising output from OPEC+ producers on global...
