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oil prices

  • AnalysisGovernmentOil & Gas

    Oil Prices Rise as Trump Lowers Tariffs on Canadian Crude

    by Ikeoluwa Juliana Ogungbangbe February 1, 2025
    by Ikeoluwa Juliana Ogungbangbe February 1, 2025

    Oil prices climb after Trump lowers Canadian crude tariffs to 10%, easing fears of supply disruptions. Analysts warn of potential fuel price hikes

  • GovernmentIn the NewsMarkets

     Oil Prices Rebound After U.S. Confirms Tariff Plans on Imports

    by Ikeoluwa Juliana Ogungbangbe January 29, 2025
    by Ikeoluwa Juliana Ogungbangbe January 29, 2025

    Oil prices rise after hitting lows, driven by U.S. tariff plans and easing Libya supply risks, while China’s economic slowdown weighs on demand

  • Oil & Gas

    Oil Price Instability: Challenges and Opportunities for African Nations

    by Feyisayo Ajayi January 6, 2025
    by Feyisayo Ajayi January 6, 2025

    Oil price shifts reshape African economies, spotlighting challenges and opportunities for growth, trade, and energy diversification.

  • AnalysisIn the NewsMarketsOil & Gas

    Oil prices stable as gasoline stocks rise, Fed worries linger

    by Ikeoluwa Juliana Ogungbangbe November 28, 2024
    by Ikeoluwa Juliana Ogungbangbe November 28, 2024

    Oil prices are steady despite a surprise gasoline stock build and concerns about Federal Reserve rate cuts, while OPEC+ considers output delays

  • Oil & Gas

    Angola’s Cabinda refinery to begin operations in April 2025

    by Feyisayo Ajayi October 30, 2024
    by Feyisayo Ajayi October 30, 2024

    Angola’s Cabinda refinery is set to boost energy independence, reducing reliance on fuel imports with operations starting in April 2025

  • In the News

    Oil Prices Drop Nearly $4 as Israel Shows Restraint on Striking Iran

    by Motoni Olodun October 28, 2024
    by Motoni Olodun October 28, 2024

    Oil prices dropped by nearly $4 as Israel showed restraint on striking Iran, easing concerns about supply disruptions and bringing temporary market relief

  • In the NewsMarketsOil & Gas

    Oil Prices Likely to Fall After Israel Shows Restraint in Strikes on Iran

    by Ikeoluwa Juliana Ogungbangbe October 28, 2024
    by Ikeoluwa Juliana Ogungbangbe October 28, 2024

    Oil prices are set to fall as Israel’s restrained strikes on Iran avoid disrupting oil infrastructure, allowing for short-term market stability

  • In the News

    Oil Prices Climb 2% as Middle East Tensions Escalate

    by Ikeoluwa Juliana Ogungbangbe October 22, 2024
    by Ikeoluwa Juliana Ogungbangbe October 22, 2024

    Oil prices rose nearly 2% on supply fears as escalating Middle East tensions, including possible Israeli retaliation against Iran, shook markets

  • In the News

    Oil Prices Stabilize After Seven Weeks of Decline

    by Motoni Olodun October 21, 2024
    by Motoni Olodun October 21, 2024

    Oil prices have steadied after seven consecutive weeks of decline, as global supply and demand factors and geopolitical tensions influence market trends.

  • In the News

    Oil Prices Trim Gains After Largest Weekly Surge in Over a Year

    by Motoni Olodun October 7, 2024
    by Motoni Olodun October 7, 2024

    Oil prices eased slightly after recording their largest weekly rise in over a year, driven by geopolitical tensions and OPEC+ supply cuts, as investors monitor global supply.

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