Crude oil prices rebounded on Friday as escalating tensions between the United States and Iran revived concerns about prolonged disruptions to Middle East energy supplies. Brent...
Nigeria’s drive to recover statutory payments from the petroleum industry has yielded more than N115 billion and $84 million following enforcement action involving oil companies with financial...
Crude oil prices declined on Thursday as a sharp increase in United States inventories and weakening global demand expectations outweighed concerns over continuing supply disruptions in...
Oil prices extended their rally on Wednesday with Brent crude oil rising to around $89.66 per barrel and U.S. West Texas Intermediate (WTI) climbing to approximately...
Despite a significant increase in domestic refining capacity, Nigeria spent $4.86 billion on petroleum imports in 2025 as demand for foreign fuel and oil-sector inputs remained...
Brent crude traded above $84 per barrel on Monday as investors reassessed geopolitical risks in the Middle East with uncertainty surrounding shipping through the Strait of...
Crude oil prices extended gains on Friday with Brent climbing above $83 per barrel as fresh uncertainty surrounding plans to reopen the Strait of Hormuz revived...
Crude oil prices extended their decline on Wednesday as growing expectations of diplomatic progress between the United States and Iran reduced concerns over prolonged supply disruptions...
Crude oil prices fell sharply on Monday as investors reacted to signs of easing tensions between the United States and Iran after President Donald Trump held...
Nigeria’s ambition to raise crude oil production to 3 million barrels per day by 2030 will depend on how quickly recently awarded oil and gas assets...