A fresh report of an attack on a vessel in the Strait of Hormuz has intensified fears over global oil supplies, as escalating attacks across the...
Nigeria’s economic fortune is benefiting from the Middle East crisis, as the impact of capital inflows from stronger crude oil earnings has seen her foreign reserves...
Global oil prices climbed sharply on Thursday following reports of a new United States military strike on Iran, raising fresh concerns over stability in the Middle...
Gold prices surged to a fresh all-time high on Thursday as rising geopolitical tensions between the United States and Iran triggered a flight to safety across...
ABUJA — The Nigerian National Petroleum Corporation, NNPC, weekend, reduced the prices of Nigeria’s crude oil grades — Bonny Light and Qua Iboe — to their...
LAGOS–Brent crude traded near $70 a barrel, erasing earlier gains as traders evaluated the impact of OPEC’s decision to maintain output at last week’s meeting. West...
LAGOS-OPEC’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude price drop, OPEC’s secretary general said...
