- Monday, July 20, 2026
BusinessDay
Oil rose again on Monday after Israel and Iran continued attacks on each other, entering the fourth day, with the...
…Credit facilities to marketers …Ends frequent tanker accidents, perennial strikes Nigeria’s downstream petroleum sector is poised for a dramatic shake-up...
Nigeria’s flagship crude oil grades, including Bonny Light and Escravos Light, are reportedly trading close to the crucial $80 per...
Global oil markets have been thrown into a state of intense volatility, sending analysts scrambling to revise their price outlooks,...
Oil prices edged lower on Thursday, as after US President Donald Trump complained about recent crude gains. Brent crude futures...
Nigeria’s economy is bracing for fresh turbulence as global oil market analysts warn of a potential decline in crude prices...
The Federal Government has mediated a resolution between Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and the Petroleum...
Export of crude oil started from Nigeria’s Otakikpo onshore terminal, an expandable $1.3 billion facility that is projected to mark...
The 411,000 barrels daily that OPEC+ said it would add to oil production in May have not materialised, commodity analysts...
Many Nigerian households are being forced to make difficult choices to cope with the rising expense of this essential commodity...
A sharp drop in oil prices to around $60 per barrel has cast a shadow over the record-breaking shareholder payouts...
Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel...
…Secures $375m Afreximbank financing to drive production Oando Plc, one of Nigeria’s indigenous energy groups, recorded a 267 percent rise...
Oando Plc, has announced a $550 million crude prepayment contribution to the Nigerian National Petroleum Company’s (NNPC) Project Gazelle. The...
Dangote, President of the Dangote Group, has announced that the price of petrol in Nigeria is currently 55 percent below...
