The oil economy declined by -11.8% y/y in Q2 ’22 compared with 6.6% y/y recorded in Q1 ’22
Oil prices are bouncing back as OPEC+ members continue to reject reports of an output hike at the next meeting.
The ripple effects of the FTX debacle continue to flow through the crypto industry revealing other vulnerabilities and weighing heavily on prices even amid a broader...
Nigeria's oil production increased to 1.02 million barrels per day in October 2022.
It's been a fantastic 10 days for gold, with the yellow metal going from at risk of breaking below $1,620 support to rallying almost 10% to...
Ogun state will soon get an oil refinery of 100,00 barrels capacity per day
Oil gained 3% on Friday following reports that China, the world's largest importer of the commodity, is cutting down on its COVID-19 measures.
NNPC managing director Mele Kyari said oil thieves are after his life after a series of illegal pipelines were uncovered.
Brent crude dipped $1.68, or 1.7%, to $93.68 a barrel by 5:00 pm Nigerian time while U.S. West Texas Intermediate (WTI) crude had fallen $1.64, or...
Chinese officials reiterated their commitment to strict COVID-19 policy after reports pointed to rising COVID-19 cases.