Oil prices climbed on Friday as investors questioned the chances of a breakthrough in US-Iran peace…
Tag: oil prices
JPMorgan Sees No Clear Endgame For Oil Markets
JPMorgan says it has no clear baseline for oil markets as prolonged conflict keeps global supply…
Oil Prices Rise as Iran Blockade Raises Supply Concerns
Oil prices rose as concerns grew over prolonged disruption to Iranian crude supplies and Strait of…
FG Rejects Return to Fuel Subsidies Amid Global Price Surge
Federal Government (FG) is maintaining market-based fuel pricing despite global moves to cushion rising energy costs.…
Saudi Arabia, Russia Call for Energy Market Stability
Saudi Arabia and Russia have urged greater stability in global energy markets as conflicts in Iran…
Dangote Confirms Expanded Fuel, Urea Shipments Across Africa
Dangote Refinery expands gasoline and urea exports to Africa, supporting regional energy and agricultural supply amid…
Oil Prices Jump 2% Following Drone Strike at Major Black Sea Terminal
Global oil prices surged on Tuesday, January 13, as markets reacted to the escalating drone strikes at…
Oil Slips as Weak US Demand Weighs on Markets
Oil prices appear poised to decline for the week. Weak demand signals in the United States,…
Nigeria Misses OPEC Oil Target for Third Consecutive Month
Nigeria has again missed its crude oil target set by the Organisation of Petroleum Exporting Countries…
Oil Majors Double Down on Crude Demand Despite Global Glut
Major international oil companies are once again placing significant bets on the demand for crude oil.…