energy markets

Iran says the Strait of Hormuz will stay shut until the United States meets seven conditions, leaving oil above $100 and energy markets anxious

KEY POINTS US energy giant ExxonMobil has begun drilling an appraisal well offshore Guyana, aiming to evaluate the potential of a recent major oil and gas find in the Stabroek …

Goldman Sachs expects oil prices to weaken in 2026 as rising supply and inventories create a surplus, delaying a sustained recovery until at least 2027

Dangote refinery now supplies 20 million litres daily, transforming Nigeria’s fuel market and boosting energy independence, says NMDPRA

Oil prices rise with U.S. fuel demand as the market watches the Ukraine ceasefire discussions and the Fed’s interest rate decision.