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Brent crude

  • In the NewsMarketsOil & Gas

    Shell Flags Q1 Gas Output Decline, Liquidity Pressure Amid Middle East Tensions

    by Oluwatosin Racheal Alabi April 12, 2026
    by Oluwatosin Racheal Alabi April 12, 2026

    KEY POINTS Shell plc has projected a decline in its first-quarter gas production alongside a significant short-term strain on liquidity, largely driven by disruptions linked to the ongoing tensions involving …

  • In the NewsOil & Gas

    Oil Prices Rise as Attacks on Saudi Facilities, Hormuz Disruptions Spark Supply Fears

    by Oluwatosin Racheal Alabi April 10, 2026
    by Oluwatosin Racheal Alabi April 10, 2026

    KEY POINTS Oil prices climbed on Friday amid growing concerns over supply disruptions following attacks on energy facilities in Saudi Arabia and continued restrictions on shipping through the Strait of …

  • In the NewsMarketsOil & Gas

    Goldman Sachs Raises Oil Price Forecasts as Hormuz Disruption Triggers Historic Supply Shock

    by Ikeoluwa Juliana Ogungbangbe March 24, 2026
    by Ikeoluwa Juliana Ogungbangbe March 24, 2026

    KEY POINTS Goldman Sachs has raised its oil price forecasts for 2026, citing a severe disruption to crude flows through the Strait of Hormuz that the bank described as the …

  • In the NewsMarketsOil & Gas

    Crude Oil Surges 53% in March Amid US-Iran Tensions

    by Oluwatosin Racheal Alabi March 23, 2026
    by Oluwatosin Racheal Alabi March 23, 2026

    KEY POINTS Global crude oil prices closed the week ending March 20, 2026, at $112 per barrel, marking an 8.22% weekly increase. Brent Crude Futures have climbed more than 53% …

  • In the NewsMarkets

    Chevron Surpasses $400 Billion Valuation as Oil Rally Drives Stock Higher, HSBC Upgrades to Buy

    by Oluwatosin Racheal Alabi March 21, 2026
    by Oluwatosin Racheal Alabi March 21, 2026

    KEY POINTS Shares of Chevron have pushed the company’s market capitalization above $400 billion for the first time, placing the oil major among the 20 most valuable publicly traded companies …

  • In the NewsMarketsOil & Gas

    Oil Prices Surge Above $100 as U.S.–Israel–Iran Conflict Fuels Global Supply Fears

    by Ikeoluwa Juliana Ogungbangbe March 17, 2026
    by Ikeoluwa Juliana Ogungbangbe March 17, 2026

    KEY POINTS Oil prices extended their upward trajectory on Monday, as the ongoing conflict involving the United States, Israel, and Iran entered its third week, intensifying concerns over global supply …

  • In the NewsOil & Gas

    Oil Prices Surge Past $105 as Iran War Enters Third Week

    by Oluwatosin Racheal Alabi March 16, 2026
    by Oluwatosin Racheal Alabi March 16, 2026

    KEY POINTS Oil prices rose sharply on Monday as the conflict between the United States, Israel, and Iran entered its third week, intensifying concerns over global supply. Brent crude, the …

  • In the NewsMarketsOil & Gas

    Iran Conflict Pushes Global Oil Prices Above $90

    by Oluwatosin Racheal Alabi March 8, 2026
    by Oluwatosin Racheal Alabi March 8, 2026

    KEY POINTS Global oil prices have surged past $90 per barrel following the escalating conflict involving Iran, triggering fears of another wave of global inflation. The international oil benchmark, Brent …

  • In the News

    Oil Prices Surge 41% as Iran Conflict Disrupts Global Energy Supply

    by Oluwatosin Racheal Alabi March 3, 2026
    by Oluwatosin Racheal Alabi March 3, 2026

    KEY POINTS Gas and oil prices jumped sharply Monday after attacks linked to the escalating US and Israeli military campaign against Iran forced Qatar to halt liquefied natural gas production, …

  • In the NewsMarketsOil & Gas

    Brent Crude Trades $67.78, $3 Above Nigeria’s 2026 Budget Benchmark

    by Oluwatosin Racheal Alabi February 17, 2026
    by Oluwatosin Racheal Alabi February 17, 2026

    KEY POINTS Brent oil prices held steady on Monday as traders weighed renewed diplomatic engagement between the United States and Iran against ongoing geopolitical tensions and fresh supply signals from …

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© 2025 Energy News Africa Plus. All Rights Reserved.