Oil prices rallied on Monday on expectations of tighter supply from OPEC+ cuts, disruptions in Russian refineries due to drone attacks, and optimistic Chinese manufacturing data...
Financial expert Bismark Rewane has forecasted a significant drop in diesel prices in Nigeria and predicted that they could plummet below N1,000 per litre with the...
In the wake of stringent sanctions imposed on Russian and Venezuelan oil, the United States has seized the opportunity to assert its dominance in global energy...
Amidst growing concerns over surging U.S. stockpiles and indications of static output policies from major oil-producing nations, oil prices declined for a second consecutive day by...
Nigeria is setting its sights on attracting $5 billion worth of investments in its oil and gas sector, according to statements made by government officials during...
Palm oil prices rebounded from a two-day decline on reports that Malaysian exports will be robust this month despite concerns over potential supply disruptions from Indonesia,...
Amid escalating geopolitical tensions following the devastating terrorist attacks in Moscow, global oil markets rose with Brent crude oil hitting a $86 price level. The tragic...
Amidst concerns over the quality of palm oil in Nigeria, Professor Kehinde Owolarafe of Obafemi Awolowo University, Department of Agriculture and Environmental Engineering, has sounded a...
Indian refiners have taken a bold stance by refusing to accept Russian crude oil carried on PJSC Sovcomflot tankers, citing stringent US sanctions. This decision marks...
Oil prices rebounded on Thursday despite signals from the U.S. Federal Reserve indicating a potential prolongation of higher interest rates. Brent crude oil, against which Nigeria...