Amidst anticipation of a Federal Reserve rate cut, the global demand for gold is expected to surge in 2024, according to projections from the World Gold...
As geopolitical tensions mount in the wake of the deadly attack on American troops in Jordan, the global oil market braces for potential ramifications, with Brent...
Saudi Arabia’s state-owned oil company, Aramco, has decided to suspend its ambitious plan to boost oil production capacity to 13 million barrels per day (bpd) as...
Amidst concerns over China’s faltering property sector and escalating tensions in the Middle East, oil prices experienced a significant dip on Monday. Brent crude oil, against...
Nigeria’s foreign exchange rate policy has long been as clear as the crude oil that underpins Africa’s largest economy. Businesses and investors have had to contend...
Amid escalating tensions in the Middle East, oil prices surged on Monday as fears of supply disruptions intensified following a drone attack by Houthi rebels targeting...
Nigeria’s oil industry is on the cusp of significant transformation as Shell, a pioneering force in the nation’s oil sector, exits its onshore operations, signaling a...
Oil rallied to the highest price in two months after a fuel tanker was struck near Yemen, underscoring the geopolitical risks to crude supplies. West Texas Intermediate rose...
Oil prices experienced a notable surge, reaching a one-month high as several global factors contributed to the bullish market sentiment. West Texas Intermediate (WTI) climbed above...
Brent crude oil, against which Nigerian crude oil is priced, declined by 0.6% decline to settle at $79.55 per barrel. The dip was attributed to growing...