Energy

Oil price hits $76.71/barrel as Iran-Israel conflict enters sixth day

Oil prices rose on Wednesday, June 18, 2025, extending a 4% gain from the previous session on worries that the…

8 months ago

Oil prices rise over Iran-Israel conflict

Oil prices increased on Tuesday, June 17, 2025, on concerns the Iran-Israel conflict may intensify. The conflict raised the risk…

8 months ago

Oil prices rise as Israel-Iran conflict escalates

Oil prices increased on Monday, June 16, 2025, as renewed strikes by Israel and Iran over the weekend increased concerns…

8 months ago

Dangote refinery announces free nationwide fuel distribution

Dangote Petroleum Refinery has announced the commencement of the nationwide distribution of petrol and diesel in the country. Effective August…

8 months ago

EFCC declares Seun Ogunbambo wanted over N976.6m oil subsidy fraud

The Economic and Financial Crimes Commission (EFCC) has declared the Managing Director of Fargo Petroleum and Gas Limited, Seun Ogunbambo,…

8 months ago

Oil prices hit 5-month high after Israel’s strikes on Iran

Oil prices increased more than 7% on Friday, June 13, 2025, trading near multi-month highs after Israel launched widescale strikes…

8 months ago

NNPC generates N5.8trn revenue, N748bn profit in April

The Nigerian National Petroleum Company Limited (NNPC Limited) has announced that it generated a revenue of N5.89 trillion and a…

8 months ago

Oil prices drop as market assesses Middle East tension

Oil prices eased on Thursday, June 12, 2025, as market participants assessed a United States decision to move personnel from…

8 months ago

Oil prices rise as investors await details on U.S.-China trade talks

Oil prices edged up towards a seven-week high on Wednesday, June 11, 2025, as markets assessed the outcome of United…

8 months ago

Oil prices rise to $67.26/barrel

Oil prices increased on Tuesday, June 10, 2025, as investors awaited the outcome of United States-China talks that could pave…

8 months ago

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