Oil prices on Monday went south, after crude exports from the Middle East rose above pre-war levels, while the Group of Seven nations pledged to release...
The persistent war between the United States and Iran, and the recent attacks on Saudi Arabia’s oil infrastructure continue to mount pressure on the global crude...
It has become necessary to strengthen Nigeria’s domestic refining industry with a view to reducing dependence on imported petroleum products and boosting the economy. The Crude...
Renewed tensions in the Middle East have seen crude prices push towards $100 per barrel riding on the back of US sanctions and a blockade of...
Brent crude closed above $90 per barrel on Monday as Iran threatened to launch a military offensive in the Strait of Hormuz if diplomatic efforts to...
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has said crises in Western Europe and the Mediterranean should not automatically determine petroleum...
Oil prices extended a strong rally Tuesday as hopes for a reopening of the Strait of Hormuz fade, fanning fresh inflation fears and ramping up bets...
As crude oil futures fell in response to the US President Donald Trump’s decision to suspend another planned military strike on Iran, he has insisted that...
The world is witnessing a sharp drop in crude oil prices, which raises the issue of how the domestic market would react to the global trend....
Oil prices soared and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was over, following renewed strikes in the Middle...
