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oil prices

  • In the News

    Oil prices fall as Russian diesel hopes offset Gulf attack risks

    by Otobong Tommy October 13, 2026
    by Otobong Tommy October 13, 2026

    Brent crude slipped toward $105 a barrel as prospects of Russian diesel supplies eased fuel worries, while Saudi attacks and Hormuz shipping risks limited losses.

  • In the NewsOil & Gas

    Oil prices rise as Gulf tanker attacks and a U.S. hurricane squeeze supply

    by Otobong Tommy October 8, 2026
    by Otobong Tommy October 8, 2026

    Brent crude rose above $101 a barrel as tanker attacks near Hormuz and a Gulf of Mexico hurricane threatened supply despite emergency stock releases.

  • In the NewsOil & Gas

    Dangote Stops Petrol Sales to Fuel Importers

    by Ikeoluwa Juliana Ogungbangbe October 7, 2026
    by Ikeoluwa Juliana Ogungbangbe October 7, 2026

    KEY POINTS The Dangote Petroleum Refinery has stopped selling Premium Motor Spirit, commonly known as petrol, to major oil marketers that continue to import petroleum products into Nigeria. The decision …

  • In the NewsOil & Gas

    Oil prices slip below $101 as G7 reserve release eases fears

    by Otobong Tommy October 6, 2026
    by Otobong Tommy October 6, 2026

    Oil prices slipped Tuesday, with Brent crude hovering near $100 a barrel, as a Group of Seven plan to release emergency reserves and a pickup in Middle East exports took …

  • In the News

    Iran says Hormuz stays shut as oil holds above $100 and energy fears grow

    by Otobong Tommy October 5, 2026
    by Otobong Tommy October 5, 2026

    Iran says the Strait of Hormuz will stay shut until the United States meets seven conditions, leaving oil above $100 and energy markets anxious

  • In the News

    Oil extends gains as US-Iran talks show little progress

    by Otobong Tommy September 24, 2026
    by Otobong Tommy September 24, 2026

    Oil rose more than 2% on Thursday as US-Iran talks showed little sign of progress, with Brent near $105.51 and traders eyeing a US diesel export ban.

  • In the News

    Petrobras joins Brazil’s diesel subsidy program as oil prices climb

    by Otobong Tommy September 21, 2026
    by Otobong Tommy September 21, 2026

    Petrobras has approved joining Brazil’s new diesel subsidy program worth 1 real per liter, as President Lula moves to cushion voters from rising oil prices.

  • In the News

    Gulf states call off Iran meeting as Houthis launch a new attack on Saudi

    by Otobong Tommy September 14, 2026
    by Otobong Tommy September 14, 2026

    Gulf states called off a planned meeting with Iran as Yemen’s Houthis struck a Saudi airbase, sending oil prices higher amid a widening Middle East war.

  • In the News

    Oil prices rise over 3% after new strikes on Saudi and the Strait of Hormuz

    by Otobong Tommy September 14, 2026
    by Otobong Tommy September 14, 2026

    Oil rose more than 3 percent after new Houthi strikes on Saudi Arabia and Gulf tanker attacks deepened fears over a shut Saudi pipeline.

  • In the News

    Brent crude rises above $100 a barrel as Middle East conflict escalates

    by Otobong Tommy September 9, 2026
    by Otobong Tommy September 9, 2026

    Brent crude rose above $100 a barrel for the first time since July as escalating Middle East conflict deepened fears over regional oil supply.

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Oil prices steady after Trump signals restraint on Iran...
Ramokgopa and Eskom Push Nuclear Plans Amid Thyspunt Opposition
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