Energy
Nigeria’s Crude Oil Production Sees Modest Rise Amidst Ongoing Challenges
According to newly released data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria's crude oil production, including condensates, has...
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Oil Prices Set for Second Weekly Gain Despite Friday Dip Amid Positive U.S. Economic Data
Oil prices were poised for a second consecutive week of gains, even as they edged lower on Friday. The recent...
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Edo Refinery Faces Operational Crisis Due to Persistent Crude Oil Shortage Despite Presidential Directive
The management of AIPCC Energy Limited, operators of the Edo Refinery and Petrochemicals Company Limited (ERPCL), has raised concerns over...
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Oil Prices Rise for Fifth Straight Session as U.S. Recession Concerns Ease Amid Heightened Middle East Tensions
Oil prices rose for the fifth straight session on Monday, extending last week's gains of more than 3%, as easing...
Read moreOil Prices Continue to Climb Amid Easing U.S. Recession Fears and Middle East Tensions
Global oil prices rose for the fifth consecutive session on Monday, extending last week's gains of more than 3% as...
Read moreOil Prices Rebound as Middle East Tensions Rise Following Assassination of Hamas Leader
Oil futures saw a significant rebound on Wednesday, rising more than $1 a barrel from seven-week lows. This uptick followed...
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NNPC Aims for 2 Million Barrels Per Day Crude Oil Production by Year-End
The Nigerian National Petroleum Company Limited (NNPC) has set an ambitious target to boost the country’s crude oil production to...
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SEC Director General Advocates for Green Economy Transition at 2024 Oriental News Summit
Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called for a shift towards a green...
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Oil Prices Surge Amidst Middle East Tensions Following Rocket Strike
Oil prices increased on Monday, recovering some of the losses from the previous week, driven by concerns over escalating tensions...
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Oil Prices Dip Amid Weak Chinese Demand, Balanced by U.S. Inventory Decline
Economic Indicators Show Mixed Signals for Global Oil Market On Wednesday, oil prices saw a modest decline as global benchmark...
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