Global oil prices surged by 2% on Tuesday following a combination of heightened tensions in the Middle East and a significant disruption in Libyan oil supply....
Oil prices dipped by more than 1% on Monday following Saudi Arabia’s strategic decision to implement sharp price cuts and a simultaneous rise in OPEC output....
Global oil prices experienced an upswing on Friday, stimulated by a confluence of factors ranging from promising signals about inflation control to diplomatic interventions in the...
The Organisation of the Petroleum Exporting Countries (OPEC) has commended Nigeria for its remarkable economic performance in the third quarter of 2023, stating that it has...
Brent crude oil, against which Nigerian oil is priced, gained 18 cents to settle at $76.07 a barrel in the early hours of Wednesday. The slight...
Oil prices experienced a significant surge, bolstered by escalating tensions in the Middle East and optimistic economic moves by China, the world’s top importer of crude...
The global oil market is poised to close out 2023 with the first annual decline in two years as it is expected to close at a...
The Organisation of the Petroleum Exporting Countries (OPEC) stands as the harbinger of positive projections for the global oil market in 2024. In its latest monthly...
Oil prices demonstrated resilience on Tuesday, steadying themselves against a backdrop of geopolitical tensions in the Middle East and an air of optimism surrounding potential interest...
In a strategic move to attract crucial investments and rejuvenate its oil and gas sector, Nigeria, the largest economy in Africa, has unveiled a series of...