Egypt has initiated liquefied natural gas (LNG) purchases to mitigate potential supply shortages anticipated during the scorching summer months. The move is rare for a country...
The pump price of diesel dropped from approximately N1,700 per litre to around N1,350 per litre in various locations nationwide. This noteworthy reduction comes as a...
Brent crude surged to $87.92 per barrel following reports that crude oil output dipped in key OPEC members Nigeria and Iraq. The rise in Brent’s price...
Gold prices soared to new heights on Monday as investors flocked to the safe-haven asset amidst growing expectations of interest rate cuts in the United States....
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,...