Oil prices surged nearly 5% Wednesday, with Brent crude topping $95 a barrel, as escalating US-Iran tensions and growing threats to shipping raised fears that instability...
Oil prices climbed about 2% on Tuesday to a five-week high, on worries that energy supply disruptions could worsen in the Middle East due to more...
Oil prices edged lower on Monday, pulling back and reversing course from earlier highs in choppy trading, as traders weighed hopes of renewed U.S.-Iran negotiations against...
A fresh oil spill has ignited a bitter dispute between Azuzuama community in Southern Ijaw Local Government Area, Bayelsa State and oil operator Oando, with both...
Nigeria’s Dangote Petroleum Refinery has raised $2.5 billion through a private placement as it seeks to strengthen its financing structure, company executive Devakumar Edwin confirmed on...
Oil prices edged lower on Thursday but held near the highest since mid-June as the Iran war escalated, with Tehran asking Yemen’s Houthi movement to be...
Brent crude climbed above $85 a barrel on Wednesday after US President Donald Trump threatened to target Iran’s energy infrastructure if negotiations fail, reviving concerns that...
Dangote Petroleum Refinery has begun pricing fuel products for the local market in U.S. dollars, with a company spokesperson on Tuesday citing difficulties securing sufficient crude...
Oil prices climbed nearly 2% on Tuesday as renewed US military action against Iran and heightened security concerns surrounding the Strait of Hormuz reinforced fears of...
Oil prices rose more than 4% on Monday after U.S. President Donald Trump said the United States was reinstating a naval blockade on Iran, reigniting concerns...
Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day in the month of June 2026, representing positive growth for a...
Oil prices fell on Friday after the latest round of U.S.-Iran fighting, as traders grew hopeful that shipping would eventually resume in the Strait of Hormuz,...
