Oil prices extended their decline on Thursday with Brent crude falling toward $104 per barrel as Saudi Arabia moved to reroute additional crude supplies through Oman,...
Global oil prices jumped about 3% on Monday as fresh attacks on Saudi Arabian infrastructure and vessels around the Strait of Hormuz intensified concerns that disruptions...
Nigeria’s crude oil export availability is coming under increased pressure after Dangote Petroleum Refinery purchased at least 16 million barrels of domestic crude for October delivery...
Brent crude climbed above $90 per barrel on Monday as renewed military confrontation between the United States and Iran raised concerns over oil shipments through the...
Dangote Petroleum Refinery has said it sometimes pays more for Nigerian crude oil than comparable imported supplies despite operating in Africa’s largest crude-producing country. Edwin Devakumar,...
Global oil prices climbed sharply on Wednesday as renewed geopolitical tensions in the Middle East and a larger-than-expected decline in U.S. crude inventories reinforced concerns over...
Nigeria’s downstream petroleum market is facing renewed foreign-exchange pressure after the Dangote Petroleum Refinery introduced dollar-denominated prices for petrol, diesel and aviation fuel sold to local...
Crude oil prices fell for a third consecutive session on Thursday as easing geopolitical tensions in the Middle East and signs of progress in indirect negotiations...
Crude oil prices declined on Wednesday as investors awaited U.S. government inventory data and monitored developments in the Middle East that could influence global supply. Brent...
Crude oil prices rebounded sharply on Thursday after renewed uncertainty surrounding U.S.-Iran negotiations reignited fears of prolonged supply disruptions in the global energy market. Brent crud...