Oil
Oil Prices Hold Steady Amid Red Sea Attacks and Supply Concerns
Oil prices largely maintained their previous gains on Tuesday, following attacks on shipping in the Red Sea that heightened concerns...
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Oil Prices Edge Higher Amid Red Sea Shipping Concerns and U.S. Rate Cut Speculations
Oil prices experienced a modest recovery in Asian trading on Wednesday, driven by increasing concerns over attacks on shipping routes...
Read moreOil prices hover near 3-week highs on Middle East tensions, China demand
On Tuesday, oil prices maintained their stability, hovering close to three-week highs, fueled by heightened tensions in the Middle East...
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Dangote Oil Refinery Issues Tenders for First Fuel Exports, Marking Milestone for Nigeria
Nigeria's Dangote oil refinery, the largest in Africa with a capacity of 650,000 barrels per day, has issued tenders for...
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Oil Prices Dip as U.S. Crude Inventories Surge, Raising Demand Concerns
Oil prices experienced a decline in early trade on Thursday following a significant increase in U.S. crude inventories, triggering concerns...
Read moreGlobal Economic Concerns Stifle Oil Price Surge Despite Geopolitical Unrest
In a challenging start to the week for the energy markets, oil prices faced resistance on Monday as economic uncertainties...
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Nigeria’s Major Oil Marketers Register with Dangote Refinery, Set to Distribute Refined Product
The seven major oil marketers in Nigeria have officially registered with the Dangote Petroleum Refinery for the distribution of refined...
Read moreOil Prices Edge Up Amidst Middle East Tensions Following US and British Strikes in Yemen
In the wake of recent strikes by US and British forces to thwart Houthi militia attacks on ships in the...
Read moreReps Target Increased Revenue Amid Escalating Crude Oil Theft Concerns
The Nigerian House of Representatives has announced plans to raise revenue targets for all revenue-generating Ministries, Departments, and Agencies (MDAs)...
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NUPRC to auction uncommitted gas fields
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed plans to initiate the auction of uncommitted gas fields in the...
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