The international crude benchmark, Brent Crude, rose to $73 per barrel as it rose 29 cents or 0.4 percent to settle at $73.10 a barrel on...
Nigerians have been urged to refrain from panic purchase of Premium Motor Spirit popularly known as petrol. Major petroleum marketers made this known while assuring the...
Chevron Nigeria Limited has found a new oil field in the shallow offshore area of the Western Niger Delta. The new oil field was estimated to...
The price of major oil benchmarks jumped more than 3 percent on Thursday following increased fuel demand in the United States due to Hurricane Milton and...
Oil prices fell on Wednesday after data showed crude oil inventories grew in the United States. However, losses were contained by the heightened risk uncertainty caused...
An Italian court has sentenced two Milan prosecutors, Fabio De Pasquale and Sergio Spadaro, to eight months imprisonment for concealing evidence in an alleged corruption case...
The federal government has announced that the Nigerian National Petroleum Corporation (NNPC) will begin supplying crude oil in Naira to the Dangote Petroleum Refinery within the...
Oil prices gained $3 on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows with Israel reportedly...
On Wednesday, the federal government of Nigeria proposed the implementation of the Naira for transactions to reduce pressure on the foreign exchange (FX) market and to...
Oil prices made a modest recovery on Thursday on the expectations that OPEC+ may delay planned production increases and the drop in U.S. crude inventories. Brent...