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Brent

  • In the NewsMarketsOil & Gas

    Oil Prices Surge Weekly Despite Volatile Trading Amid U.S.–Iran Tensions

    by Oluwatosin Racheal Alabi April 26, 2026
    by Oluwatosin Racheal Alabi April 26, 2026

    KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …

  • In the NewsOil & Gas

    Oil Prices Rebound as Fragile Gulf Ceasefire Keeps Supply Concerns High

    by Oluwatosin Racheal Alabi April 9, 2026
    by Oluwatosin Racheal Alabi April 9, 2026

    KEY POINTS Global oil prices rose on Thursday as doubts over the durability of a ceasefire in the Middle East raised concerns that energy shipments through the strategic Strait of …

  • In the NewsMarketsOil & Gas

    Oil Prices Jump Over 1% as Middle East Tensions Keep Global Markets on Edge

    by Ikeoluwa Juliana Ogungbangbe April 1, 2026
    by Ikeoluwa Juliana Ogungbangbe April 1, 2026

    Oil prices climbed over 1% as Middle East tensions and supply disruption fears kept global markets on edge, with Brent crude topping $105 a barrel.

  • In the NewsMarketsOil & Gas

    Oil Prices Surge as Brent Climbs Nearly 5% to $96

    by Ikeoluwa Juliana Ogungbangbe March 13, 2026
    by Ikeoluwa Juliana Ogungbangbe March 13, 2026

    KEY POINTS Global oil prices climbed sharply on Thursday after Iran intensified attacks on oil and transportation facilities across the Middle East, raising fears of a prolonged regional conflict and …

  • In the NewsMarketsOil & Gas

    Nigeria’s Oil Price Slides Below $69 Amid Rising US-Iran Tensions

    by Oluwatosin Racheal Alabi February 12, 2026
    by Oluwatosin Racheal Alabi February 12, 2026

    KEY POINTS Nigeria’s benchmark oil, Bonny Light, fell below $69 per barrel during the second trading session of the week. The drop in oil prices comes as escalating tensions between …

  • In the News

    Trading Activity Lifts Brent Oil Benchmark

    by Victor Adetimilehin June 30, 2024
    by Victor Adetimilehin June 30, 2024

    Trading giants Trafigura and Gunvor have been on a buying spree in the Brent crude oil market, driving prices to their highest level since the benchmark’s methodology changed in 2023. …

  • In the News

    Oil Prices Set to Slide as Israel-Hamas Conflict Remains Contained

    by Victor Adetimilehin November 3, 2023
    by Victor Adetimilehin November 3, 2023

    Oil prices are poised for a second consecutive weekly decline as the Israel-Hamas conflict shows no signs of escalation, and concerns emerge on the demand front. Global benchmark Brent has …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Shoreline Natural Resources Reaffirms Commitment to Nigeria’s Upstream Growth in NUPRC Visit
South Africa and Nigeria Urged to Build Joint Renewable Energy Infrastructure to Secure Africa’s Future

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Shoreline Natural Resources Reaffirms Commitment to Nigeria’s Upstream Growth...
South Africa and Nigeria Urged to Build Joint Renewable...
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