News

There are indications that the 2025 Federal Budget has come under funding pressures as the petroleum industry regulator, ...
U.S. refiners are re-evaluating their crude sourcing strategies following the Trump administration's decision to allow ...
The price of Nigerian crude oil moved closer to the federal government’s benchmark following renewed drone attacks on ...
The price of Nigerian crude oil inched closer to the Federal Government’s benchmark following renewed drone attacks on ...
The Nigerian crude price rose toward the Federal Government benchmark as drones targeted oilfields in Iraq for the fourth ...
As OPEC puts Nigeria's crude oil output at 1.547m/d. ·Oil price hovers at $69 per barrel. THERE were fresh fears over the execution of Nigeria's N54.99 trillion 2025 budget, ye ...
THERE were fresh fears over the execution of Nigeria’s N54.99 trillion 2025 budget, yesterday,   as the Organisation of ...
OPEC revealed in its monthly report, issued Tuesday, changes in its crude oil prices during May and June 2025, which rose for the first time in five m ...
Sri Lanka’s interest in diversifying its oil supply portfolio by exploring crude imports from South Sudan may pose serious ...
Foreign portfolio inflows into the Nigerian Foreign Exchange Market (NFEM) surged to a 29-month high in June 2025, rising by ...
Crude oil prices rallied on speculation that President Trump on Monday might announce sanctions on Russian energy exports. Crude oil also had carryover support from Bloomberg's report on ...
U.S. crude oil inventories rose last week for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday, according to data released Wednesday ...