oil prices

KEY POINTS Nigeria’s benchmark oil, Bonny Light, fell below $69 per barrel during the second trading session of the week. The drop in oil prices comes as escalating tensions between …

KEY POINTS ExxonMobil has reported a decline in its fourth-quarter earnings, blaming weaker crude oil prices for offsetting gains recorded from higher production volumes. The US energy giant posted profits …

KEY POINTS Crude oil prices climbed sharply on Thursday, extending gains for a third consecutive session, as growing fears of a potential US military strike on Iran heightened concerns about …

KEY POINTS Global oil prices held steady on Monday, remaining above Nigeria’s 2026 budget benchmark of $64.85 per barrel, as supply disruptions and rising geopolitical tensions in the Middle East …

KEY POINTS Oil prices moved higher on Monday as investors digested the outcome of talks between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy, while keeping a close eye …

KEY POINTS Oil markets shifted higher on Monday as geopolitical tensions injected a fresh dose of uncertainty into a market otherwise weighed down by oversupply concerns. The price rise followed …

KEY POINTS Oil prices slid again on Friday, leaving the market on course for a second consecutive weekly decline as expectations of rising supply from OPEC+ producers and the United …

KEY POINTS Oil prices steadied on Thursday, with traders weighing Ukraine’s latest strike on Russian energy infrastructure against the reality that diplomatic efforts to halt the war appear to have …

KEY POINTS Oil prices drifted lower on Tuesday as traders stepped back to reassess the fragile mood around the Russia–Ukraine peace track, while fresh signals of rising stockpiles and wider …

Oil prices drifted sideways on Thursday, leaving traders to balance the faint promise of movement on peace talks between Russia and Ukraine against the drag of Western sanctions on Moscow’s …