News

Dangote Petroleum Refinery, yesterday, slashed the depot price of Premium Motor Spirit, also known as petrol, to N820 per litre from N838 per litre as competition heightens in Nigeria’s domestic ...
Oil steadied as traders weighed signs of swelling US crude stockpiles and the fallout from President Donald Trump’s tariff regime. Brent held near $70 a barrel after a two-day gain, and West Texas ...
As Nigeria hosted the 24th edition of the Nigeria Oil and Gas, NOG Energy Week in Abuja, the country’s oil and gas industry showcased renewed energy, confidence, and reform-driven momentum. With an ...
By Kazeem UgbodagaDangote Petroleum Refinery has announced a further reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N840 to N820 per litre, effective ...
The American Petroleum Institute reportedly shows a surprise build of 7.1M barrels of oil in U.S. commercial stockpiles for the week ending July 4.
Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...
The weekly rig count from Baker Hughes drops by seven oil rigs and one gas rig to the lowest U.S. tally in nearly four years. The breakout for horizontal drilling is down a whopping sixteen rigs.
The latest U.S. sanctions on Iran come as members of the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed over the weekend to lift oil production by ...
NEW DELHI (Reuters) -India plans to source about 10% of its cooking gas imports from the U.S. beginning in 2026 as part of a ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...