crude oil

Oil Prices Decline as Tensions Ease Over Israeli Threats to Iranian Oil Facilities

Oil Prices Decline as Tensions Ease Over Israeli Threats to Iranian Oil Facilities

Global crude oil prices continue to decline following reports that Israel is unlikely to target Iran’s oil infrastructure in its… Read More

9 months ago

Oil Prices Experiences Decline Globally

Oil prices have experienced a significant drop in recent months. Today it worsens, dipping below the $70 per barrel mark,… Read More

11 months ago

Strategic Refining Hubs: How Nations Without Oil Reserves Drive Global Economy

In the complex web of global energy markets, some of the most crucial players are countries that, paradoxically, have little… Read More

11 months ago

Crude oil supply: Dangote Refinery couldn’t agree price with IOCs

Gbenga Akomolafe, the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), shared critical insights on Monday regarding… Read More

1 year ago

Dangote Refinery to begin petrol supply in July, confirms Edwin

Key Points Dangote oil refinery is on track to deliver petrol (PMS) this July, fulfilling its earlier promise. The refinery,… Read More

1 year ago

Refineries: New superpowers overtake once dominant Western oil companies

Key Points Shift in Refining Landscape: Historically dominated by international oil companies (IOCs). Now led by national oil companies (NOCs)… Read More

1 year ago

Dangote Refinery: Too Big to Fail

Media reports that agents of the Economic and Financial Crimes Commission (EFCC) “stormed” the headquarters of Dangote Group have confirmed… Read More

2 years ago

Crude Oil plunges to lowest level since July

Crude oil fell to its lowest level since July as trend-following trades intensified losses that were initially sparked by rising… Read More

2 years ago

Nigerian Markets Last Week: Brent Nears $70 After OPEC+ Surprise

The Nigerian Markets report for the week ended March 5, 2021. It captures indexes that gauge performance across a number… Read More

4 years ago

$65 Oil: Goldman Sachs Forecasts Biden Stimulus Will Lift Oil Price

Nigeria’s over-reliance on income from crude - oil sales make up around 90% of foreign exchange earnings and about half… Read More

5 years ago

OPEC+ Stalemate, New Covid Lockdowns Send Oil Prices Lower

Reports that members of the Organisation of Petroleum Exporting Countries and its allies (a group known as OPEC+) are at… Read More

5 years ago

Nigerian Markets Last Week: Brent Crude Hits $50 Per Barrel As Stocks, Crypto Slump

The Nigerian Markets report for the week ended December 11, 2020. Stock Market The Nigerian Stock Exchange All-Share Index and… Read More

5 years ago