Oil prices rose slightly on Friday but remained on track for a second consecutive week of decline. This dip was primarily attributed to the strengthening of...
Challenges Emerge as Subsidies End, Forex Scarcity Persists
On Thursday, oil prices saw a modest decline in the face of disappointing economic indicators from major economies worldwide. Investors are holding their breath for U.S....
Brent crude oil edged lower by 8 cents to settle at $84.38 per barrel in the early hours of Tuesday while the U.S. West Texas Intermediate...
Nigeria’s crude oil revenue suffered a setback in July, with the country losing approximately N249 billion due to a significant drop in oil output. The latest...
Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid...
Oil prices were choppy on Thursday after falling over the past three sessions, with the undertone grim on worries that slowing growth in China and possible...
Oil industry experts offered President Bola Tinubu recommendations on Tuesday, suggesting a gradual easing of the subsidy removal on Premium Motor Spirit, commonly known as petrol....
Oil prices faced a downward slide on Tuesday as lackluster Chinese economic data coupled with skepticism over the impact of Beijing’s surprise reduction in key policy...
Oil prices experienced a decline of over 1% on Monday with concerns centered around China’s struggling economic recovery and a strengthening U.S. dollar. Despite the recent...