The Dangote oil refinery has reduced the price of petrol from N840 to N820 per litre, marking the second price cut within a ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose sharply this week, ...

Dangote Petroleum Refinery has reduced its ex-depot price of premium motor spirit (PMS), commonly known as petrol, from N840 ...

Africa's upstream oil and gas sector is experiencing a transformative shift with majors divesting assets and new regional ...

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on ...

While the wider market is thriving and touching record highs at the moment, the overall energy sector seems to be lagging ...

Nigeria’s crude oil production is set to receive a modest boost as indigenous oil firm Petralon Energy prepares to add 2,500 barrels ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.

Discover energy sector trends from H1 2025, including oil market impacts and supply-demand shifts. Click to read more on what ...

Petroleum futures were trading higher ahead of midday Tuesday, led by gains in refined product contracts. Gasoline futures were up by about 1.4% at about 11:15 a.m. ET. The NYMEX August RBOB contract ...

Oil prices held near a two-week high on Tuesday as investors assessed the latest developments on U.S. tariffs and a higher ...