Global oil prices remained largely stable on Friday but extended their decline for a second consecutive week as investor sentiment weakened further due to escalating trade...
Brent crude dropped below $60 per barrel on Tuesday hitting its lowest level in four years as U.S. President Donald Trump’s latest round of tariffs fueled...
Goldman Sachs has warned that Brent crude prices could fall below $40 per barrel in an extreme downside scenario triggered by a global economic slowdown and...
Crude oil prices continued downward on Monday as trade tensions between the United States and China raised concerns over a global economic slowdown. The decline pushed...
Oil prices continued their sharp decline on Friday as global markets reacted to the latest round of U.S. trade measures and a coordinated output increase from...
Oil prices edged higher on Monday as market participants reacted to renewed geopolitical risks following threats by U.S. President Donald Trump to impose secondary tariffs on...
United States President Donald Trump has issued a direct warning to Russia, threatening to impose secondary sanctions on countries buying Russian crude if President Vladimir Putin...
Oil prices advanced more than 7 percent in the last three weeks as fresh U.S. sanctions on Venezuela and Iran, combined with falling U.S. crude inventories,...
Crude oil prices dipped marginally on Thursday as markets recalibrated after a strong rally driven by tightening supply signals and new U.S. trade measures. Despite the...
Dangote Refinery has deepened its footprint in the global energy market with the export of approximately 130 million litres of jet fuel to Saudi Arabia. The...