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oil prices

  • In the NewsMarketsOil & Gas

    Oil Prices Surge Weekly Despite Volatile Trading Amid U.S.–Iran Tensions

    by Oluwatosin Racheal Alabi April 26, 2026
    by Oluwatosin Racheal Alabi April 26, 2026

    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 …

  • In the NewsOil & Gas

    Nigerian Airlines Threaten Nationwide Shutdown Over 300% Surge in Jet Fuel Prices

    by Oluwatosin Racheal Alabi April 17, 2026
    by Oluwatosin Racheal Alabi April 17, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Oil Prices Climb as Doubts Over U.S.–Iran Peace Talks Deepen Hormuz Supply Fears

    by Oluwatosin Racheal Alabi April 16, 2026
    by Oluwatosin Racheal Alabi April 16, 2026

    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 …

  • In the NewsOil & Gas

    Oil Prices Rise as Attacks on Saudi Facilities, Hormuz Disruptions Spark Supply Fears

    by Oluwatosin Racheal Alabi April 10, 2026
    by Oluwatosin Racheal Alabi April 10, 2026

    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 …

  • 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 …

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Oil prices steady after Trump signals restraint on Iran...
Ramokgopa and Eskom Push Nuclear Plans Amid Thyspunt Opposition
Dangote Refinery IPO Attracts Millions but Misses 10m Investor...

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