Nigerian crude oil producers supplied only 41 percent of the crude volumes offered to domestic refineries in the first quarter (Q1) of 2026 despite the country’s...
Brent crude oil advanced toward the $100 per barrel threshold on Friday as escalating tensions in the Middle East and ongoing supply disruptions tightened market conditions...
Crude oil prices surged toward $150 per barrel before retreating sharply as escalating tensions around the Strait of Hormuz disrupted global supply flows and triggered extreme...
Oil prices declined by more than three percent on Wednesday as renewed hopes of a potential de-escalation in the Middle East conflict prompted traders to lock...
Global energy markets opened the week under pressure as crude oil prices surged above $115 per barrel, driven by escalating geopolitical tensions in the Middle East...
Nigeria is targeting an increase in crude oil production to an average of 1.8 million barrels per day (bpd) in 2026 as the Nigerian National Petroleum...
Global oil prices climbed sharply on Monday as escalating tensions in the Middle East triggered one of the most significant supply disruptions in recent years. Data...
Despite having one of Africa’s largest crude oil reserves, Nigeria’s production continues to lag behind global peers after decades of efforts to strengthen its energy sector....
Global oil prices remained above the $100 per barrel threshold on Monday as escalating tensions in the Middle East continued to raise concerns over potential supply...
Global oil prices surged by more than three percent as escalating tensions in the Middle East disrupted shipping activity near the Strait of Hormuz, raising fresh...