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Brent

  • 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

US Eases Venezuela Oil Sanctions to Boost Global Supply
Lagos Community Faces Four-Month Blackout over Substation Upgrade

Latest Stories

US Eases Venezuela Oil Sanctions to Boost Global Supply
Lagos Community Faces Four-Month Blackout over Substation Upgrade
Nigeria’s Power Crisis Worsens as GenCos Struggle with N6.8tn...

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