Oil prices fell on Thursday, reversing the previous sessions’ gains, after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the...
Senegal has revoked offshore exploration rights held by Atlas Oranto Petroleum, a privately owned upstream oil and gas firm founded by Nigerian energy entrepreneur Arthur Eze,...
The Nigerian Army has dislodged oil thieves from the Adibawa oil well area and concluded plans to permanently deploy personnel to prevent resurgence of illegal refinery...
Oil prices were slightly higher on Tuesday as investors monitored U.S. President Donald Trump’s tariff threats against European states opposing his push to acquire Greenland, while...
Oil prices rose over 1% on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military strike against Iran. Brent crude...
The U.S. Energy Information Administration (EIA) has revised up its average oil price forecast for 2026 but expects crude prices to be lower than in 2025...
Brent hit $64 per barrel on Tuesday as oil prices surged over multiple market-related concerns, including risks of Iran-related supply disruptions and uncertainties over the future...
Some local oil marketers have said that they are getting their petrol supplies from Dangote Refinery and Petrochemical, insisting that nobody is importing the product for...
Crude oil prices dipped on Monday, after Iran said it had “total control” following weekend violence, easing some concerns over supply from the OPEC producer, while...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has voiced strong opposition to the continued importation of Premium Motor Spirit (PMS) into the country. The association...
Oil prices rose on Friday on concerns about potential disruption to Iran’s output and uncertainty about supply from Venezuela. Brent futures were up 50 cents, or...
Oil prices rose on Thursday after two days of declines as investors assessed Venezuela developments and reports on the progress of proposed U.S. sanctions legislation against...
Oil prices steadied on Thursday after their recent slide, while stocks retreated as investors assessed the implications of deepening geopolitical tensions and mixed U.S. labour market...
President Donald Trump has said that Venezuela will surrender about 30 to 50 million barrels of oil to the U.S. following the capture of President Nicolás...
Crude Oil prices fell on Tuesday on expectations of ample global supply amid weak demand, and as the market weighed the prospect of higher Venezuelan crude...