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oil prices

  • In the News

    Middle East Tensions Flare Up, Oil Prices Drop Amid China Crisis

    by Victor Adetimilehin January 30, 2024
    by Victor Adetimilehin January 30, 2024

    The Middle East is witnessing a surge of violence and instability, as a missile strike on a fuel tanker in the Red Sea and an attack on U.S. troops in …

  • In the News

    Oil Prices Soar as Global Conflicts and Weather Disrupt Supply

    by Victor Adetimilehin January 23, 2024
    by Victor Adetimilehin January 23, 2024

    The world’s oil supply is under pressure from multiple factors, including geopolitical tensions, extreme weather, and production outages. This has pushed oil prices to their highest levels in months, with …

  • In the News

    US Energy Stocks Set to Soar Amid Red Sea Crisis

    by Victor Adetimilehin January 15, 2024
    by Victor Adetimilehin January 15, 2024

    Geopolitical risks driving up oil prices could potentially position the energy sector for a comeback after lagging behind the rest of the US stock market for months. The S&P 500 …

  • Oil & Gas

    Oil Prices Surge Amid Middle East Crisis and Libya Outage

    by Victor Adetimilehin January 10, 2024
    by Victor Adetimilehin January 10, 2024

    Oil prices rose on Tuesday as the Middle East crisis and a Libyan supply outage reduced the previous day’s heavy losses. Brent crude futures were up $1.07, or 1.41%, at …

  • Oil & Gas

    Oil Prices Drop as Saudi Arabia Slashes Rates and OPEC Boosts Output

    by Victor Adetimilehin January 8, 2024
    by Victor Adetimilehin January 8, 2024

    Oil prices dipped as the world’s top oil exporter, Saudi Arabia, cut its official selling prices for February and the Organization of the Petroleum Exporting Countries (OPEC) increased its production …

  • In the News

    Oil Prices Soar Amid Middle East Turmoil

    by Victor Adetimilehin January 4, 2024
    by Victor Adetimilehin January 4, 2024

    Oil prices climbed higher on Thursday, extending the previous day’s sharp gains, as the Middle East faced multiple crises that threatened to disrupt the region’s oil supply. A series of …

  • Oil & Gas

    Oil Prices Soar After U.S. Naval Clash with Houthis

    by Victor Adetimilehin January 2, 2024
    by Victor Adetimilehin January 2, 2024

    Oil prices jumped 1% on Tuesday, starting the New Year higher as a Red Sea naval clash focused attention on potential Middle East supply disruptions and expectations of Chinese economic …

  • In the News

    Oil Prices Surge as Russia Cuts Exports, Houthi Attacks Threaten Supply

    by Victor Adetimilehin December 18, 2023
    by Victor Adetimilehin December 18, 2023

    The price of oil has risen over 1% in Asian trade on Monday, supported by lower exports from Russia and as attacks by the Houthi rebels on ships in the …

  • In the News

    Oil Prices in 2024: What to Expect from the Volatile Market

    by Victor Adetimilehin December 14, 2023
    by Victor Adetimilehin December 14, 2023

    The global oil market has been on a roller coaster ride in the past few years, with prices surging and plunging due to geopolitical events, supply disruptions, demand shocks and …

  • In the News

    Oil Prices Tumble as Demand Slumps and Supply Surges

    by Victor Adetimilehin December 13, 2023
    by Victor Adetimilehin December 13, 2023

    Oil prices plunged to their lowest levels in six months on Tuesday, as investors worried about the outlook for the global energy market. The Brent crude oil price, the international …

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Nigeria’s Oil Boom: Record Production in September 2023

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Shell Greenlights $2 Billion Offshore Gas Project With Sunlink...
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