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 …
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oil prices
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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 …
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In the NewsMarketsOil & Gas
Oil Prices Climb as Markets Assess Trump-Zelenskiy Talks and Wider Supply Risks
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 …
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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 …
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In the NewsMarketsOil & Gas
Oil Heads for Second Weekly Loss as Swelling Supply Outlook Dulls Geopolitical Risk
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 …
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In the NewsMarketsOil & Gas
Oil Holds Steady as Ukraine Targets Russian Pipeline and Peace Talks Falter
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 …
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In the NewsOil & Gas
Oil Slips as Hopes for Russia–Ukraine Breakthrough Fade and Supply Fears Stir
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 …
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In the NewsMarketsOil & Gas
Oil Holds Steady as Peace Talk Prospects Offset Fresh Sanctions Pressure
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 …
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KEY POINTS Nigeria’s crude oil output in October reached 1.401 million barrels per day, marginally higher than September’s 1.39 million barrels per day, according to the latest Organisation of Petroleum …
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KEY POINTS Oil prices gained on Monday as signs emerged that the prolonged US government shutdown could soon end, fuelling optimism about renewed demand from the world’s largest consumer of …