Oil Prices Slip as Prospects of US-Iran Talks Ease Supply Fears
Crude prices pulled back in early Asian trading on Tuesday as hopes of renewed U.S.-Iran talks took some of the heat out of markets rattled by Washington’s blockade of the…
Crude prices pulled back in early Asian trading on Tuesday as hopes of renewed U.S.-Iran talks took some of the heat out of markets rattled by Washington’s blockade of the…
Toye Faleye with Agency report Oil prices climbed Thursday as investors remained cautious that Middle East crude supplies may not fully resume, despite a two-week ceasefire between the United States…
Tokyo: Oil prices rose on Monday, as the U.S.-Israeli war with Iran continued to disrupt global supplies following the Easter holiday weekend. Brent crude futures rose $2.4, or 2.2%, to…
Lagos: Nigeria’s efforts to increase crude production are now at risk after workers at Seplat Energy, the country’s largest independent oil and gas producer, began an indefinite strike on Friday.…
Brent and WTI crude climb over 4% after Trump signals no immediate end to conflict Oil prices surged after President Donald Trump pledged continued U.S. military action against Iran, targeting…
Abuja: Nigeria has 31.09 billion barrels of crude oil and 5.92 billion barrels of condensate, totalling 37.01 billion barrels, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) reports. The NUPRC Chief…
Abuja: Nigeria’s state-owned oil company, NNPC Ltd, reported an after-tax profit of 5.76 trillion naira ($4.26 billion) for 2025, maintaining strong earnings despite production challenges late in the year. The…
Reuters Oil prices rose on Friday as traders grew concerned that this week’s U.S.–Iran talks did not ease fears of a potential military conflict. Brent crude settled at $68.05 a…
Abuja: Nigeria’s state‑owned refineries have been officially shut down after internal reviews revealed they were operating at “monumental losses” and destroying value for the country, the Nigerian National Petroleum Company…
Gas output to decline by 150 million standard cubic feet per day Nigeria’s oil exports will fall by 225,000 barrels per day in February due to planned maintenance on the…