Nigeria’s crude oil production has rebounded to around 1.8 million barrels per day, one of the country’s strongest output levels in recent years. The recovery follows...
Nigeria plans to request an upward review of its crude oil production quota at the upcoming meeting of the Organisation of Petroleum Exporting Countries (OPEC) scheduled...
Crude oil prices advanced for the second consecutive session on Wednesday, supported by supply concerns tied to global sanctions and renewed optimism surrounding U.S.-China trade negotiations....
Global oil prices dropped on Monday to extend losses from the previous week as concerns over oversupply and renewed trade tensions between the United States and...
Oil prices stabilized on Thursday as traders assessed the potential impact of India reducing its intake of Russian crude oil. The development followed reports that New...
Global oil prices fell sharply on Tuesday as escalating trade tensions between the United States and China, coupled with a bearish supply outlook from the International...
Oil prices climbed on Monday, reversing part of last week’s sharp losses, as investors looked ahead to potential discussions between the presidents of the United States...
Oil prices traded within a narrow range on Thursday as investors weighed the potential impact of a Gaza ceasefire against stalled peace efforts in Ukraine that...
Oil prices advanced on Wednesday as OPEC+ opted for a restrained increase in production to maintain market balance and prevent a supply glut amid rising global...
Oil-producing communities across Nigeria have received a combined ₦358.6 billion under the Host Community Development Trusts (HCDTs) framework established by the Nigerian Upstream Petroleum Regulatory Commission...