Energy

OPEC+ approves fourth oil output quota hike amid Hormuz closure

OPEC+ has agreed to raise its oil production targets for the fourth consecutive month, even as ongoing tensions involving Iran…

3 months ago

Oil prices rise after Israel hits Lebanon, Iran

Oil prices jumped more than $3 a ‌barrel on Monday, June 8, 3026, following Israel's launch of renewed strikes on…

3 months ago

Dangote refinery raises capacity to 700,000 bpd

Dangote Petroleum Refinery and Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a…

3 months ago

Oil prices fall as Israel, Lebanon agree to renew ceasefire

Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to…

3 months ago

Oil prices rise as Middle East peace talks stall

Oil prices rose over 1% on Wednesday, June 3, 2026, as hostilities in the Middle East erupted anew and talks…

3 months ago

Oil prices dip amid uncertainty over US-Iran peace talks

Oil prices edged lower on Tuesday as investors remained cautious over the outcome of ongoing negotiations between the United States…

4 months ago

Oil prices rise as US, Iran trade strikes

Oil prices rose more than 2% on Monday, June 1, 2026, after the United States and Iran traded ‌strikes and…

4 months ago

Oil prices slip amid US-Iran ceasefire deal

Oil prices fell more than 1% on Friday, May 29, and were on track for their steepest weekly decline since…

4 months ago

Oil prices soar after US, Iran trade strikes

Oil prices jumped more than 2% on Thursday, May 28, 2026, after Iran's Revolutionary Guards said they targeted a United…

4 months ago

Oil prices drop as traders target progress on US-Iran talks

Oil prices eased from recent highs on Wednesday, May 27, 2026, as traders sought ‌clarity on negotiations between Iran and…

4 months ago

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