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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 Dip on Mideast Ceasefire Talks, Hurricane Beryl Update

    by Victor Adetimilehin July 7, 2024
    by Victor Adetimilehin July 7, 2024

    Oil prices dipped on Friday as progress in ceasefire talks between Israel and Gaza outweighed concerns about potential supply disruptions. Strong summer demand and the path of Hurricane Beryl are …

  • In the News

    Oil Prices Rebound on Bullish US Data, Weaker Dollar

    by Victor Adetimilehin May 16, 2024
    by Victor Adetimilehin May 16, 2024

    Oil prices rebounded on Wednesday, reversing course after earlier dipping to multi-month lows. The uptick follows positive economic data from the United States and a weaker dollar.

  • In the News

    Oil Market Caught in Tug-of-War: Inflation Fears vs. Geopolitical Tensions

    by Victor Adetimilehin May 15, 2024
    by Victor Adetimilehin May 15, 2024

    The oil market rollercoasters on Tuesday, buffeted by opposing forces. Concerns about potential interest rate hikes in the United States weighed on the market, while ongoing geopolitical tensions in the …

  • In the News

    Oil Prices Dip After Muted Iranian Attack, Strong US Data

    by Victor Adetimilehin April 16, 2024
    by Victor Adetimilehin April 16, 2024

    Oil prices fell on Monday after initial concerns about a wider conflict in the Middle East subsided. This followed Iran’s weekend attack on Israel proving less disruptive than anticipated.

  • Oil & Gas

    Oil Rises as Fed Signals No Immediate Interest Rate Hike

    by Victor Adetimilehin November 2, 2023
    by Victor Adetimilehin November 2, 2023

    Oil prices experienced a boost in tandem with the broader financial markets following a signal from the Federal Reserve suggesting that an imminent interest rate hike might not be in …

  • In the News

    Oil Prices Fall as Economic Outlook Outweighs Tight Supply

    by Motoni Olodun September 26, 2023
    by Motoni Olodun September 26, 2023

    Oil prices dropped on Tuesday as fears of interest rates staying high for longer weighed on the global economic outlook, offsetting the impact of tight supply. Brent crude futures fell …

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Nigeria’s Oil Boom: Record Production in September 2023

WinGD Becomes First Engine Maker to Join Methane Abatement Drive in LNG Shipping
Delek, Eni Raise $143 Million From Ithaca Energy Share Sale

Latest Stories

WinGD Becomes First Engine Maker to Join Methane Abatement...
Delek, Eni Raise $143 Million From Ithaca Energy Share...
NNPC, TotalEnergies Ink Landmark Deepwater Deal as Nigeria Opens...

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