Nigeria’s crude oil export availability is coming under increased pressure after Dangote Petroleum Refinery purchased at least 16 million barrels of domestic crude for October delivery...
Nigerian motorists could face another round of petrol price increases as the renewed surge in global crude oil prices raises the cost of producing and replacing...
The cost of transporting oil through the Strait of Hormuz has surged to as much as $20 million per voyage as escalating attacks on tankers and...
Brent crude oil climbed above $100 per barrel on Wednesday for the first time since July as escalating attacks on tankers, shrinking flows through the Strait...
Dangote Petroleum Refinery expects the global shortage of petrol, diesel and other refined fuels to persist beyond the end of the US-Iran conflict as damaged processing...
Goldman Sachs has warned that crude oil prices could surge to as high as $120 per barrel if attacks on vessels in the Middle East intensify...
Crude oil prices climbed more than $1 per barrel on Monday, pushing Brent above $97 as escalating attacks on oil tankers by the United States and...
Oil prices remained firm on Friday and were on track for their strongest weekly performance since mid-July as escalating hostilities between the United States and Iran...
Iraq’s crude oil exports surged to 2.34 million barrels per day in August, up from 1.35 million bpd in July as steep discounts on Basrah crude...
Brent crude oil gained $5.34 per barrel in two trading sessions as renewed fighting between the United States and Iran revived concerns over oil supply from...
