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oil prices

  • In the NewsMarketsOil & Gas

    Oil Prices Jump Over 1% as Middle East Tensions Keep Global Markets on Edge

    by Ikeoluwa Juliana Ogungbangbe April 1, 2026
    by Ikeoluwa Juliana Ogungbangbe April 1, 2026

    Oil prices climbed over 1% as Middle East tensions and supply disruption fears kept global markets on edge, with Brent crude topping $105 a barrel.

  • In the NewsMarketsOil & Gas

    Oil Climbs Above $113 as European Stocks Rise Amid Gulf War Fears

    by Ikeoluwa Juliana Ogungbangbe March 31, 2026
    by Ikeoluwa Juliana Ogungbangbe March 31, 2026

    KEY POINTS Oil prices continued to rise as investors monitored the ongoing Gulf conflict, which has heightened fears of inflation and global economic slowdown. European markets and a major Wall …

  • In the NewsOil & Gas

    Oil Surges Above $116 as Iran Warns of US Invasion

    by Ikeoluwa Juliana Ogungbangbe March 30, 2026
    by Ikeoluwa Juliana Ogungbangbe March 30, 2026

    KEY POINTS Oil prices jumped sharply on Monday as tensions intensified in the ongoing US-Israel war with Iran. Brent crude, the global benchmark, rose more than 3 percent to trade …

  • In the NewsMarketsOil & Gas

    Oil Prices Dip as U.S. Crude Inventories Surge Amid Middle East Tensions

    by Oluwatosin Racheal Alabi March 18, 2026
    by Oluwatosin Racheal Alabi March 18, 2026

    KEY POINTS Oil prices fell modestly on Wednesday morning after the American Petroleum Institute (API) reported a significant increase in U.S. crude inventories. Brent crude futures dropped $1.15, or 1.11%, …

  • In the NewsOil & Gas

    PETROAN Urges Government to Provide Palliatives as Rising Oil Prices Boost Revenue

    by Oluwatosin Racheal Alabi March 16, 2026
    by Oluwatosin Racheal Alabi March 16, 2026

    KEY POINTS The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has called on the Federal Government to provide relief measures for citizens following the recent rise in global …

  • In the NewsOil & Gas

    Oil Prices Surge Past $105 as Iran War Enters Third Week

    by Oluwatosin Racheal Alabi March 16, 2026
    by Oluwatosin Racheal Alabi March 16, 2026

    KEY POINTS Oil prices rose sharply on Monday as the conflict between the United States, Israel, and Iran entered its third week, intensifying concerns over global supply. Brent crude, the …

  • In the NewsMarketsOil & Gas

    Oil Hits $100 per Barrel as Iran War Sparks Global Stock Sell-Off

    by Oluwatosin Racheal Alabi March 13, 2026
    by Oluwatosin Racheal Alabi March 13, 2026

    KEY POINTS The ongoing war in Iran pushed Brent crude oil prices above $100 per barrel, rising 9.2% to settle at $100.46. Stock markets worldwide suffered sharp losses, with the …

  • In the NewsMarketsOil & Gas

    Oil Prices Surge as Brent Climbs Nearly 5% to $96

    by Ikeoluwa Juliana Ogungbangbe March 13, 2026
    by Ikeoluwa Juliana Ogungbangbe March 13, 2026

    KEY POINTS Global oil prices climbed sharply on Thursday after Iran intensified attacks on oil and transportation facilities across the Middle East, raising fears of a prolonged regional conflict and …

  • In the NewsMarketsOil & Gas

    Oil Prices Slide as Global Leaders Move to Contain Iran War Supply Shock

    by Ikeoluwa Juliana Ogungbangbe March 11, 2026
    by Ikeoluwa Juliana Ogungbangbe March 11, 2026

    KEY POINTS Global oil prices fell sharply as world leaders moved to reassure markets that measures are being prepared to cushion the impact of the ongoing war involving Iran on …

  • In the NewsMarketsOil & Gas

    NNPC Raises Petrol Price to N933 in Lagos and N960 in Abuja as Global Oil Prices Climb

    by Oluwatosin Racheal Alabi March 5, 2026
    by Oluwatosin Racheal Alabi March 5, 2026

    KEY POINTS Motorists across Nigeria are facing another surge in petrol prices after the Nigerian National Petroleum Company Limited, NNPC, increased pump prices at its retail outlets. The national oil …

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