Brent crude oil prices surged above $82 a barrel following an unexpected move by Saudi Arabia to increase prices of its main grade to Asian buyers....
The price of gold soared to an all-time high of $2,141.79 per ounce amid Federal Reserve speculation and global geopolitical tensions. Bullion’s rapid ascent of as...
Oil prices experienced a decline for the second consecutive day as concerns mounted over China’s economic growth trajectory and uncertainty persisted regarding U.S. interest rate adjustments....
Oil prices saw a modest uptick on Monday following the announcement of OPEC+ extending voluntary output cuts until the end of the second quarter. The decision...
Oil prices declined on Thursday as concerns over demand intensified due to a larger-than-anticipated build in U.S. crude stockpiles. Brent crude oil, against which Nigerian oil...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has sounded a clarion call over a looming crude oil shortage that threatens the operations of...
The Nigerian National Petroleum Company Limited (NNPCL) has announced a bold initiative aimed at ending Nigeria’s persistent energy scarcity within the next decade. Mele Kyari, the...
Nigeria took a significant stride towards enhancing its energy infrastructure as officials unveiled the completion date and cost of the OB3 gas pipeline project during the...
Oil prices surged as Brent crude oil approached the $83 price level while West Texas Intermediate (WTI) neared $78 as refineries in the United States and...
Following a brief interruption, operations at an oil field in western Libya and a natural gas link to Italy have resumed as protesters retreated from the...
