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...
Oil prices experienced a downturn, extending losses from the previous session as the U.S. dollar surged against global counterparts to impact market sentiment. Brent crude oil,...
On Friday, global crude oil prices experienced a slight dip, primarily attributed to mounting concerns surrounding demand despite signs of a tightening market. Brent crude prices...
