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global oil supply

  • In the News

    Iran Unrest Lifts Oil Prices

    by Ikeoluwa Juliana Ogungbangbe January 13, 2026
    by Ikeoluwa Juliana Ogungbangbe January 13, 2026

    Oil prices climbed as unrest in Iran raised fears of supply disruption, pushing traders to focus on geopolitical risk despite expectations of a global crude surplus

  • In the News

    Goldman Sees Oil Prices Weaker in 2026

    by Ikeoluwa Juliana Ogungbangbe January 12, 2026
    by Ikeoluwa Juliana Ogungbangbe January 12, 2026

    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

  • In the NewsOil & Gas

    Oil Prices Dip as Trump Tariffs Loom Over Global Market

    by Ikeoluwa Juliana Ogungbangbe April 2, 2025
    by Ikeoluwa Juliana Ogungbangbe April 2, 2025

    Oil prices dip as traders brace for Trump tariffs and potential disruptions to global supply

  • GovernmentIn the NewsMarketsOil & Gas

    Crude Jumps as Russia-Ukraine Tensions Heat Up

    by Ikeoluwa Juliana Ogungbangbe November 22, 2024
    by Ikeoluwa Juliana Ogungbangbe November 22, 2024

    Oil prices jumped nearly 2% on Thursday as rising tensions between Russia and Ukraine spurred concerns about global crude supply disruptions

  • Energy TransitionIn the News

    IEA Predicts Oil Surplus by 2025 as Global Demand Weakens

    by Ikeoluwa Juliana Ogungbangbe November 15, 2024
    by Ikeoluwa Juliana Ogungbangbe November 15, 2024

    The IEA predicts a surplus in global oil supply by 2025, driven by rising production from non-OPEC+ nations and slowing demand growth in China

  • In the News

    Oil Prices Slip After Surge to Monthly High Amid Middle East War Risks

    by Motoni Olodun October 8, 2024
    by Motoni Olodun October 8, 2024

    Oil prices dipped slightly after reaching their highest levels in over a month, driven by concerns over supply disruptions from the ongoing Middle East conflict.

  • In the News

    Oil Prices Rise Amid Middle East Conflict, But Global Supply Limits Gains

    by Motoni Olodun October 3, 2024
    by Motoni Olodun October 3, 2024

    Oil prices surged as violence in the Middle East escalated, raising concerns about supply disruptions, though a stable global outlook has kept gains in check.

  • In the News

    Oil Prices Brace for Impact After Iran Attacks Israel

    by Victor Adetimilehin April 15, 2024
    by Victor Adetimilehin April 15, 2024

    Oil markets brace for impact after Iran’s surprise attack on Israel. The potential for wider conflict and disruption to global oil supplies keeps markets on edge. Analysts predict an initial …

  • In the NewsOil & Gas

    Dangote Refinery Set to Reach Full Capacity, Boosting Global Oil Supply

    by Adenike Adeodun January 12, 2024
    by Adenike Adeodun January 12, 2024

    Dangote Refinery gears up for full capacity, playing a crucial role in meeting the surging global oil demand led by China.

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