Oil Prices Increase After OPEC+ Extends Output Cuts

Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…

Oil Prices Decline Amid Supply Concerns 

  The oil market saw a 1 per cent decline in prices in the Asian trading…

Namibia Lowers Fuel Prices to Reduce Customer Burden From July 3, 2024

Namibia’s Ministry of Mines and Energy recently announced plans to decrease fuel prices by 80 Namibian…

DropDown: We Are Seeing a Crash in Nigeria’s Cooking Gas (LPG) Prices

Liquefied Petroleum Gas (LPG) dealers on Wednesday, June 5, the Nigerian government’s ban on importing Liquefied…

Fuel Prices Fall in Tanzania

The Energy and Water Utilities Regulatory Authorities (Ewura) have announced a decrease in the price of…

NUPRC to Implement PIA, Increase Crude Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it will prioritise the implementation of the…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…

OPEC Criticises Call to Halt New Oil Project Investments

The General Secretary of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, has criticised calls…

India and China Snap Up Russian Oil in April Above ‘Price Cap’

According to traders and Reuters calculations, India and China have snapped up the vast majority of…

Keystone Oil Pipeline Shutdown due to Oil Spill

On Sunday, Canada’s TC Energy said it had not yet determined the cause of the Keystone…