Oil Prices Rise as Strait of Hormuz Concerns Return
Oil prices extended gains on Friday as concerns over the reopening of the Strait of Hormuz intensified after Iran, in ...
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Tag: #EnergyMarket
Oil Prices Rise as Iran Talks, Red Sea Attacks Renew Supply Concerns
Oil prices rose on Thursday as investors remained cautious over the outcome of diplomatic talks between Iran and Oman and ...
Read moreOil Prices Slip but Remain on Track for 20% Monthly Gain Amid Middle East Tensions
Oil prices declined on Friday but remained on course for a monthly increase of about 20 per cent as rising ...
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Oil Prices Jump Nearly 4% After Middle East Strikes Escalate Tensions
Oil prices climbed by more than $3 per barrel on Wednesday as renewed military tensions in the Middle East heightened ...
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Cooking Gas Prices Drop in Abuja as Improved Supply Brings Relief to Households
Households across the Federal Capital Territory (FCT) are enjoying some relief as the price of Liquefied Petroleum Gas (LPG), popularly ...
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Iraq Pushes OPEC for Higher Oil Quota, Cites War Damage and Production Strains
Iraq has called on the Organization of the Petroleum Exporting Countries (OPEC) to increase its oil production quota, citing the ...
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Oil Prices Drop to $72 as US-Iran Deal Eases Strait of Hormuz Concerns
Global oil prices fell to around $72 per barrel on Thursday, their lowest level since the United States-Iran conflict began ...
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Dangote Refinery Becomes World’s Largest Jet Fuel Exporter in April
Dangote Refinery emerged as the world’s largest exporter of jet fuel in April following disruptions in global fuel trade caused ...
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Nigeria Consumes 4.93bn Litres of Petrol in Q1 2026 Despite March Demand Drop
Nigerians consumed about 4.93 billion litres of Premium Motor Spirit (petrol) in the first quarter of 2026, according to an ...
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Nigeria’s Crude Oil Output Remains Below OPEC Quota Despite March Rebound
Nigeria’s crude oil production remains below the quota allocated by the Organization of the Petroleum Exporting Countries (OPEC), despite recording ...
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