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  • In the News

    Oil Prices Slip as Investor Sentiment Turns Sour

    by Victor Adetimilehin July 14, 2024
    by Victor Adetimilehin July 14, 2024

    Oil prices retreated on Friday as a cocktail of economic indicators soured investor appetite. A decline in consumer confidence coupled with rising inflation pressures cast a pall over the market

  • In the News

    Oil Prices Slide on Strong Dollar, Lower US Gasoline Demand

    by Oluwatosin Racheal Alabi March 28, 2024
    by Oluwatosin Racheal Alabi March 28, 2024

    Oil prices sink for the second day in a row as a stronger dollar and a surprising rise in US stockpiles put downward pressure on the market.

  • In the News

    US Refiners Struggle to Sell Aging Assets Amid Energy Shift

    by Victor Adetimilehin February 18, 2024
    by Victor Adetimilehin February 18, 2024

    The US oil industry saw a boom in upstream deals in 2023, with nearly $200 billion worth of mergers and acquisitions. But the refining sector was left out of the …

Latest Stories

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  • Oil Gains as Dollar Weakens, Russian Supply Disruptions Stir Market Anxiety
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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Nigeria Cuts Gas Flaring to Record Low as Output Rises in July
Dangote Refinery Turns to Ghanaian Crude as Output Nears 70% of Capacity

Latest Stories

Nigeria Cuts Gas Flaring to Record Low as Output...
Dangote Refinery Turns to Ghanaian Crude as Output Nears...
TotalEnergies Secures Congo Offshore Exploration Block With QatarEnergy Stake

© 2024 Energy News Africa Plus. All Rights Reserved.

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© 2025 Energy News Africa Plus. All Rights Reserved.