Nigeria is currently facing significant challenges in meeting its technical allowable capacity for oil production, according to a recent announcement by the Federal Government. The government...
Oil prices rallied on Thursday after clawing back some of the losses from the previous day as demand for the commodity in the United States, the...
Oil prices fell on Wednesday, ending a three-day rally as U.S. oil inventories unexpectedly rose, causing concern over weakening demand. Brent crude oil, the international benchmark...
Oil prices took a step back on Tuesday, losing some of the momentum from the previous two sessions as the market braced itself for the release...
After three consecutive weeks of decline, oil prices rose on Monday as some traders believed that the recent slide was overdone and U.S. recession fears eased....
Oil prices have been in a downward spiral over the past few days, with Brent crude oil dropping more than 9% since Friday and US West...
Oil prices continued their downward spiral on Wednesday, falling even further after dropping 5% in the previous session. The drop in prices is attributed to concerns...
Oil prices fell in Asian trade on Tuesday as concerns over weak economic data from China and expectations of a U.S. interest rate hike weighed on...
The global oil market is set to witness a surge in prices to $90 per barrel this year, buoyed by the ongoing production cuts by OPEC+...
Oil prices have continued their downward trend in recent weeks as concerns mount over the slowing US economy and uncertainty surrounding OPEC+ cuts. According to recent...
