Brent crude oil slipped 10 cents, or 0.13%, to $75.80 a barrel while the U.S. West Texas Intermediate (WTI) crude edged lower by 8 cents, or...
Oil prices extended decline on Tuesday as China's decision to cut benchmark lending rates fell short of expectations as concerns on demand for the commodity in...
Stock markets remain slightly in the red on Tuesday but activity should pick up with the return of Wall Street from the long bank holiday weekend.
Questions over China's Economy Overshadow OPEC+ Cuts and Declining US Rigs, Impacting Oil Markets
Oil prices declined on Friday as uncertainty surrounding global growth overshadowed expectations of a tighter market in the second half of the year. Some of the...
Shell Petroleum Development Company (SPDC) has reportedly made the decision to increase its oil and gas production in Nigeria in the coming months.
The Trans-Niger Pipeline (TNP) has achieved an extraordinary feat by reporting flawless crude oil production throughout the entire month of May.
The Federal Government has granted a license for the establishment of the Belema Sweet Export Terminal, marking a significant achievement for the nation.
Nigeria, Africa's largest crude oil producer, generated N5.14 trillion in revenue from crude oil in the first quarter (Q1) of 2023.
Russian crude supply and disappointing chinese economic data further weigh on the market