oil prices

KEY POINTS Global oil prices jumped by more than 3% on Tuesday after renewed tensions between the United States and Iran stalled progress on a proposed peace deal, reigniting fears …

KEY POINTS Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦1,275 to ₦1,350 per litre. The latest adjustment represents about a …

KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …

KEY POINTS The Airline Operators of Nigeria (AON) has raised alarm over a dramatic spike in the cost of Jet A1 fuel, which surged from ₦900 per litre in late …

KEY POINTS Global oil prices rose by more than 1% on Thursday, recovering from earlier losses as traders grew increasingly doubtful that ongoing diplomatic efforts between the United States and …

KEY POINTS Oil prices climbed on Friday amid growing concerns over supply disruptions following attacks on energy facilities in Saudi Arabia and continued restrictions on shipping through the Strait of …

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.

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 …

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 …

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%, …