Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the...
Oil prices edged higher on Thursday as crude inventories in the United States fell on higher demand as summer driving season ramped up, while concerns over...
Oil prices rose over 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as investors assessed...
Oil prices fell about 5% to a two-week low on Tuesday on expectations the ceasefire between Israel and Iran will reduce the risk of oil supply...
Following a US-led airstrike targeted at Iranian nuclear facilities, Iran’s parliament approved the closure of the strategically crucial Strait of Hormuz, a vital waterway for global...
Crude oil price is projected to rise by $3-5 per barrel when trading resumes after the U.S. attacked Iran at the weekend, market analysts said, with...
Oil prices slipped on Friday as the U.S. imposed new Iran-related sanctions marking a diplomatic approach that fed hopes of a negotiated agreement, a day after...
Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. In June 2025,...
The fourth OPEC Fund Development Forum has concluded with a strong slate of new commitments, loan agreements and strategic partnerships to advance inclusive transition and sustainable...
Nigeria’s oil regulator is set to bring in a new rule that requires oil producers to obtain an export permit, vessel clearance and a unique identification...
Residents of Okolobiri community of Gbarain Kingdom in Yenagoa Local Government Area of Bayelsa State have expressed worry over the endless gas flaring from nearby Gbarain-Ubie...
Crude oil prices climbed on Tuesday as the Iran-Israel conflict raged with no end in sight, though major oil and gas infrastructure and flows have so...
Oil prices soared, up by more than seven percent on the day following Israel’s strike on Iran, increasing fears of supply disruptions in the oil-rich region....
Enhanced oil recovery technologies, powered by AI, are breathing new life into declining reservoirs. From predictive analytics to machine learning algorithms, AI is not just a...
Crude oil prices rose 2% on Wednesday, to their highest in more than two months, as President Donald Trump said the U.S. had a trade deal...