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...
Oil prices have experienced a moment of stability after a recent drop, but weak refinery margins continue to pose a threat to the industry. On Thursday,...
Oando Clean Energy Limited has partnered with the Lagos State Government to launch electric mass transit buses in the city. The partnership aims to provide sustainable...
Oil prices continue to face downward pressure, extending sharp losses from the previous session, even after a report showing that U.S. inventories fell last week. Brent...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has invested over $1 billion in the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project. This project is one of the...
China’s upcoming May Day holiday is bringing optimism to the oil industry as holiday travel is expected to increase fuel demand in the world’s second-largest economy....
Oil prices saw a decline on Monday as concerns over global economic growth and the outlook for fuel demand weighed heavily on the commodity market. Brent...
Oil prices took a sharp dive on Thursday, dropping by about $2 per barrel to their lowest level since late March. Investors King analysis showed that...
