Oil prices remained close to three-week highs on Tuesday, buoyed by ongoing tensions in the Middle East and signs of economic recovery in China. Brent crude...
Oil prices experienced a downward trend as investor concerns intensified regarding the demand outlook that was fueled by reports of elevated producer prices in the United...
Oil prices declined by 1% on Friday as concerns over slowing demand highlighted by the International Energy Agency (IEA) overshadowed geopolitical tensions and hopes of U.S....
Oil prices faced a downward trend on Thursday as U.S. crude inventories witnessed a substantial surge, raising concerns about demand in the world’s largest economy and...
Independent oil marketers are advocating for direct supply of premium motor spirit (PMS) from the Nigerian National Petroleum Company Limited (NNPCL) as a means to alleviate...
Adegbite Falade, the Chief Executive Officer and Managing Director of Aradel Holdings Plc, has called for increased transparency among indigenous oil companies operating in Nigeria. Falade...
In January 2024, Nigeria experienced a marginal decline in its crude oil production compared to the preceding month, according to the latest report released by the...
Nigeria is considering the establishment of a National Commodity Board aimed at mitigating the escalating food inflation that has been a concern for the nation. Vice...
Oil prices rose on Tuesday amidst escalating tensions in the Middle East, driven by concerns over potential disruptions in supply. However, gains were tempered by lingering...
Nigerian power consumers are reeling from the impact of massive overbilling, with power distribution companies (Discos) collectively raking in N105 billion in nine months. An analysis...