Oil Prices Extend Losses Amid IEA Supply Glut Warnings and Trade Tensions
Oil prices continued their downward trend on Wednesday as investors digested warnings from the International Energy Agency (IEA) about a ...
Read moreDetails
Tag: Oil
OPEC+ Set to Approve New Oil Output Increase at Upcoming Meeting
The OPEC+ alliance is poised to approve another oil output increase of 411,000 barrels per day (bpd) at its upcoming ...
Read moreDetailsOil Prices Plunge to Lowest Levels in Over a Week as Ceasefire Cools Market Fears
Global oil prices fell sharply on Tuesday, hitting their lowest levels in more than a week, as easing tensions in ...
Read moreDetailsOil Prices Climb, Dollar Strengthens Following U.S. Strikes in Iran
Oil prices were higher on Monday and the dollar strengthened after the United States struck Iran’s nuclear facilities at the ...
Read moreDetails74 Chinese Firms Show Interest in Nigeria’s Oil Sector—NUPRC
According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), no fewer than 74 out of 216 Chinese companies exploring investment ...
Read moreDetailsTroops Nab 29 Suspected Oil Thieves, Seize 60,000 Litres of Stolen Crude
Troops of the 6 Division, Nigerian Army, in collaboration with other security agencies, have arrested 29 suspected oil thieves and ...
Read moreDetailsMarketers May Ditch Dangote Fuel for Cheaper Imports at N922/Litre
Oil marketers have reported a reduction in the landing cost of Premium Motor Spirit (PMS), now pegged at N922.65 per ...
Read moreDetailsFG’s Revenue Surges 76% to N12.5tn on Taxes, Oil — Budget Office
The Federal Government's revenue surged by 76% in 2023, rising from N7.1 trillion in 2022 to N12.5 trillion, fueled by ...
Read moreDetails
