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...
The attack on Saudi Arabia’s key crude oil pipeline, which led to closure and the disruption of a crucial route for avoiding the Strait of Hormuz...
Goldman Sachs has predicted that oil prices could surge to as much as $120 per barrel if attacks on ships in the Middle East intensify. The...
In the bid to resolve the issues surrounding crude oil supply shortages to domestic refineries, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), are poised...
The Nigerian government is shifting focus from exporting crude oil to transform into a major hub for refined petroleum products in Africa. The Chief Executive of...
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....
Saudi Arabia, Russia and five other key members of OPEC+ agreed in an online meeting Sunday to boost oil production by 188,000 barrels a day from...
At full capacity the Dangote Petroleum Refinery & Petrochemicals (DPRP) would be utilising up to 2.5 percent of globally traded crude oil. President and Chief Executive...
Former Vice President of Nigeria and presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has criticised the Bola Tinubu administration over what he described...
