KEY POINTS Oil prices climbed for a third consecutive session on Tuesday as hopes for a lasting peace agreement between the United States and Iran weakened, raising concerns that disruptions …
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Oil Gains
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In the NewsOil & Gas
Nigeria Gains Over N10 Billion a Year as Dangote Refinery Slashes Fuel Import Costs
KEY POINTS Nigeria is beginning to feel the economic weight of the Dangote Refinery, with the facility now saving the country more than N10 billion annually in foreign exchange as …
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KEY POINTS Oil prices rose on Monday, lifted by a weaker U.S. dollar and mounting supply concerns tied to intensifying Russian and Ukrainian airstrikes on energy infrastructure. Brent crude climbed …
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In the NewsMarketsOil & Gas
NNPC Profit Slumps Nearly 80% in July as Revenues Falter Despite Oil Gains
KEY POINTS After-tax earnings for the Nigerian National Petroleum Company Limited, NNPC, fell to ₦185 billion ($126 million) in July from ₦905 billion the month before, marking one of the …