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global oil markets

  • In the NewsMarketsOil & Gas

    Iran Warns Oil Could Hit $200 as Attacks on Ships Shake Global Markets

    by Oluwatosin Racheal Alabi March 12, 2026
    by Oluwatosin Racheal Alabi March 12, 2026

    KEY POINTS Iran has warned that global oil prices could surge to as high as $200 per barrel as tensions in the Middle East escalate and attacks on merchant vessels …

  • Energy TransitionIn the News

    IEA Orders Record 400 Million Barrel Oil Release to Stabilise Global Markets Amid Iran War

    by Ikeoluwa Juliana Ogungbangbe March 12, 2026
    by Ikeoluwa Juliana Ogungbangbe March 12, 2026

    KEY POINTS The International Energy Agency , IEA, has announced the largest coordinated release of emergency oil reserves in history, as member countries move to stabilise global energy markets following …

  • In the News

    Venezuela to Export $2 Billion Oil to US

    by Ikeoluwa Juliana Ogungbangbe January 7, 2026
    by Ikeoluwa Juliana Ogungbangbe January 7, 2026

    Venezuela and the US struck a deal to export up to $2 billion in crude, redirecting oil from China and easing pressure from sanctions and storage limits

  • In the News

    Libya’s El Sharara Oil Field Sees Reduced Output

    by Motoni Olodun August 6, 2024
    by Motoni Olodun August 6, 2024

    Libya’s El Sharara oil field sees reduced production due to operational and security challenges, reflecting ongoing instability in the region

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Nigeria’s Oil Boom: Record Production in September 2023

TCN Announces Scheduled Power Outage in Akwanga, Nasarawa
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Latest Stories

TCN Announces Scheduled Power Outage in Akwanga, Nasarawa
ExxonMobil Advances Rovuma LNG Project with McDermott Engineering Award
Eskom Records Six-Year High in Power Availability, Cuts Diesel...

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