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Middle East

  • Oil & Gas

    Oil Prices Soar After U.S. Naval Clash with Houthis

    by Victor Adetimilehin January 2, 2024
    by Victor Adetimilehin January 2, 2024

    Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic …

  • In the News

    Houthis Strike Tanker with Missile, Oil Prices Drop

    by Victor Adetimilehin December 12, 2023
    by Victor Adetimilehin December 12, 2023

    Oil prices fell on Tuesday, reversing earlier gains, as worries about excess supply and sluggish demand growth overshadowed rising security risks in the Middle East after a missile attack by …

  • Oil & Gas

    Oil Prices Fall as Demand Worries Outweigh Geopolitical Risks

    by Victor Adetimilehin November 13, 2023
    by Victor Adetimilehin November 13, 2023

    Oil prices have been on a downward trend for the past three weeks, as signs of weakening demand from major consumers such as China, the US and Europe overshadow the …

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Nigeria’s Oil Boom: Record Production in September 2023

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