Brent Crude Stalls Near $82.72 as Traders Await US Fed's Interest Rate Clue
Signs of tighter supplies and Chinese economic support buoy oil prices, while Western data adds to uncertainty
Production Cuts Aim to Boost Prices, but Global Uncertainty Impedes Crude Oil's Recove
In a startling turn of events, Brent crude oil finds itself on a tumultuous path, heading towards its most significant quarterly losses in over three decades....
Emerging Markets to Offset Recession Risk, but Malaysian State Oil Firm Reports Slowdown in Demand and Growing Refinery Capacity Pressures Market
Over the past three decades, Angola has established itself as the premier destination for large-scale oil and gas investment.
Nigeria, Africa's largest crude oil producer, generated N5.14 trillion in revenue from crude oil in the first quarter (Q1) of 2023.
Oil prices declined by 2% on Wednesday as weak Chinese data and a stronger United States dollar dragged on commodity prices.
The Organisation of Petroleum Exporting Countries (OPEC) recently released its Monthly Oil Market Report, confirming that Nigeria produced 1.3 million barrels per day (bpd) of crude...
In a sad turn of events, residents of Rumuekpe community in Emohua Local Government Area of Rivers State, South-south Nigeria, woke up to a devastating explosion...