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US sanctions

  • MarketsOil & Gas

    Oil Prices Soar as US Sanctions Russian Crude Exports 

    by Motoni Olodun October 15, 2023
    by Motoni Olodun October 15, 2023

    Oil prices surged on Thursday, reaching their highest levels since 2014, as the US imposed sanctions on two shipping companies for violating a price cap on Russian crude exports. The …

  • Oil & Gas

    Oil Prices Rise Amid Middle East Tensions and Demand Worries

    by Victor Adetimilehin October 13, 2023
    by Victor Adetimilehin October 13, 2023

    Oil prices edged higher this week as the conflict between Israel and Hamas raised concerns about the stability of the Middle East, a major oil-producing region. However, the gains were …

  • Oil & Gas

    Japan Seeks to Secure Energy Supply Amid US Sanctions on Russia

    by Motoni Olodun September 26, 2023
    by Motoni Olodun September 26, 2023

    Japan is facing a challenge to ensure a stable energy supply amid the US sanctions on Russia, which is one of its major sources of oil, gas, and coal. The …

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Nigeria’s Oil Boom: Record Production in September 2023

Oil Slips as Traders Brace for OPEC+ Supply Hike, Weaker U.S. Fuel Demand
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Latest Stories

Oil Slips as Traders Brace for OPEC+ Supply Hike,...
Egypt Strikes $340 Million Oil and Gas Deals to...
ExxonMobil Criticizes EU’s Climate Strategy, Says High Costs Hurt...

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