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Middle East Tensions

  • In the News

    Oil Prices Surge on Middle East Tensions and U.S. Stockpile Drop

    by Victor Adetimilehin August 1, 2024
    by Victor Adetimilehin August 1, 2024

    Oil prices surged nearly 3% due to escalating Middle East tensions and a significant drop in U.S. crude stockpiles, highlighting the volatile nature of global energy markets.

  • In the News

    Oil Prices Stabilize After Golan Heights Attack

    by Ikeoluwa Juliana Ogungbangbe July 29, 2024
    by Ikeoluwa Juliana Ogungbangbe July 29, 2024

    Oil prices stabilize following a Golan Heights attack, balancing Middle East tensions with demand concerns.

  • In the News

    Oil Prices Rise Amid Middle East Tensions

    by Motoni Olodun July 29, 2024
    by Motoni Olodun July 29, 2024

    Oil prices rise due to escalating Middle East tensions, with concerns over supply disruptions driving Brent crude above $85 per barrel. Analysts watch closely for further developments.

  • In the News

    Oil Prices Drop 1.5% Amid China Demand Concerns

    by Victor Adetimilehin July 29, 2024
    by Victor Adetimilehin July 29, 2024

    Oil prices dropped 1.5% due to declining Chinese demand and potential easing of Middle East tensions, with Brent and WTI crude ending the week lower.

  • In the News

    Oil Prices on a Seesaw Ride: US Economy vs. Middle East Tensions

    by Victor Adetimilehin April 26, 2024
    by Victor Adetimilehin April 26, 2024

    Oil prices experienced a volatile swing on Thursday, initially dipping due to weak US economic data before rebounding on reassurances about the US economy’s strength and jitters surrounding the Israeli-Palestinian …

  • In the News

    Oil Prices Retreat as Middle East Tensions Simmer Down

    by Victor Adetimilehin April 8, 2024
    by Victor Adetimilehin April 8, 2024

    Oil prices experienced a significant decline on Monday, dropping more than $1 a barrel as tensions in the Middle East eased. This welcome shift comes after Israel withdrew troops from …

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Petrol Price Hike Fears Grow as Landing Cost Hits ₦1,311

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Nigeria says more than N10 trillion has gone into...
NERC Approves ₦30bn for Free Electricity Meters for Band...
Eni Pledges £11bn Investment in UK Energy Sector

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