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Global Supply

  • In the NewsMarketsOil & Gas

    Oil Prices Climb Above $84 as Middle East Tensions Raise Fears of Global Supply Disruption

    by Ikeoluwa Juliana Ogungbangbe March 6, 2026
    by Ikeoluwa Juliana Ogungbangbe March 6, 2026

    KEY POINTS Global oil prices rose sharply on Tuesday as escalating tensions in the Middle East raised concerns about a prolonged conflict and the potential disruption of global energy supply. …

  • Oil & Gas

    Nigerian Crude Remains Steady Amid Global Supply Shifts

    by Oluwatosin Racheal Alabi August 5, 2025
    by Oluwatosin Racheal Alabi August 5, 2025

    KEY POINTS Nigeria’s crude oil prices have remained relatively stable at $73 per barrel, despite a sharp drop in global benchmarks and increasing geopolitical tensions. This stability comes after a …

  • In the News

    Australian Chevron Plant Hit by Strikes, Technical Glitches

    by Adenike Adeodun September 14, 2023
    by Adenike Adeodun September 14, 2023

    On Thursday, a company representative confirmed that a setback at Chevron’s famous Wheatstone facility in Australia affected about 25% of its liquefied natural gas (LNG) output. Meanwhile, the employees are …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

NUPRC Declares End to Era of Dormant Oil Licences as ‘Drill or Drop’ Rule Takes Effect
Nersa Sets New Deadlines for Municipal Electricity Tariff Applications Ahead of 2026/27 Financial Year

Latest Stories

NUPRC Declares End to Era of Dormant Oil Licences...
Nersa Sets New Deadlines for Municipal Electricity Tariff Applications...
France, Italy open talks with Iran to secure safe...

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