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West Texas Intermediate

  • MarketsOil & Gas

    Nigerian Crude Holds Steady at $67 as Trade Optimism Lifts Global Oil Markets

    by Oluwatosin Racheal Alabi October 13, 2025
    by Oluwatosin Racheal Alabi October 13, 2025

    KEY POINTS Nigeria’s Bonny Light crude held firm around $67 a barrel on Monday as a wave of renewed optimism swept through global oil markets, driven by hopes that the …

  • In the News

    Oil Surges Above $90 on Geopolitical Tensions and Supply Concerns

    by Victor Adetimilehin April 5, 2024
    by Victor Adetimilehin April 5, 2024

    Oil prices have been on a rollercoaster ride in recent months, and the latest surge above $90 a barrel is causing concern for consumers and businesses alike. This excerpt explores …

  • In the News

    Oil Prices Slide into Bear Market Amidst Supply Pressure on OPEC+

    by Victor Adetimilehin November 17, 2023
    by Victor Adetimilehin November 17, 2023

    Oil prices experienced a resurgence as market sentiment suggested OPEC and its partners are poised to counter the recent sharp decline in prices. West Texas Intermediate (WTI) saw a 4% …

  • In the News

    Oil Prices Set to Slide as Israel-Hamas Conflict Remains Contained

    by Victor Adetimilehin November 3, 2023
    by Victor Adetimilehin November 3, 2023

    Oil prices are poised for a second consecutive weekly decline as the Israel-Hamas conflict shows no signs of escalation, and concerns emerge on the demand front. Global benchmark Brent has …

  • In the News

    Surging Oil Prices: Demand Swells as Chinese Data Outshines Predictions

    by Adenike Adeodun September 15, 2023
    by Adenike Adeodun September 15, 2023

    Oil values experienced an uptick on Friday, marking their path towards a third consecutive week of gains. This rise is buoyed by the surprisingly optimistic economic indicators from China and …

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Nigeria’s Oil Boom: Record Production in September 2023

Egypt Hikes Fuel Prices Again, Freezes Further Increases for a Year
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Egypt Hikes Fuel Prices Again, Freezes Further Increases for...
Italian Court Upholds Conviction of Milan Prosecutors in Eni–Nigeria...
CNPC Keeps Niger Oil Exports Flowing Amid Tensions Over...

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