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Middle East conflict

  • Oil & Gas

    Oil Prices Plunge as OPEC+ Cuts Fail to Impress Markets

    by Victor Adetimilehin December 4, 2023
    by Victor Adetimilehin December 4, 2023

    The latest decision by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, to reduce oil output by an additional one million barrels per day …

  • Energy Transition

    OPEC+ May Deepen Cuts as Oil Prices Slide

    by Victor Adetimilehin November 21, 2023
    by Victor Adetimilehin November 21, 2023

    The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, are set to meet this weekend to discuss the possibility of further reducing oil production amid a …

  • MarketsOil & Gas

    Oil Prices Soar as US Sanctions Russian Crude Exports 

    by Motoni Olodun October 15, 2023
    by Motoni Olodun October 15, 2023

    Oil prices surged on Thursday, reaching their highest levels since 2014, as the US imposed sanctions on two shipping companies for violating a price cap on Russian crude exports. The …

  • Oil & Gas

    Oil Prices Rise Amid Middle East Tensions and Demand Worries

    by Victor Adetimilehin October 13, 2023
    by Victor Adetimilehin October 13, 2023

    Oil prices edged higher this week as the conflict between Israel and Hamas raised concerns about the stability of the Middle East, a major oil-producing region. However, the gains were …

  • Oil & Gas

    Middle East Conflict Sends Oil Prices Soaring

    by Motoni Olodun October 9, 2023
    by Motoni Olodun October 9, 2023

    The escalating violence between Israel and Hamas has triggered a surge in oil prices, as fears of a wider regional conflict and potential disruptions to oil supply loom large. Brent …

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