Energy

Oil price rises above $90 as renewed US-Iran attacks raise supply fears

Oil prices extended gains on Tuesday, September 1, 2026, as renewed military exchanges between the United States and Iran heightened…

2 weeks ago

Oil prices rise after US attacks Iran’s island in Hormuz

Oil prices were trading more than 2% ‌higher on Monday, August 31, 2026, after the United States attacked an Iranian…

2 weeks ago

US-Iran war weakens OPEC+ grip on oil market as supply disruptions limit influence

Six months into the Iran war, OPEC+ is grappling with a diminished ability to influence oil prices as prolonged supply…

3 weeks ago

Oil prices near two-week low as Iran tensions drop

Oil prices fell on Friday, August 28, 2026, and are on track to snap a two-week winning streak, despite settling…

3 weeks ago

Oil prices extend decline as Middle East talks ease supply concerns

Oil prices fell more than $1 ​on Thursday, August 27, 2026, extending a streak of losses, on expectations that talks…

3 weeks ago

Oil prices fall amid Iran-Oman talks to reopen Hormuz

Oil prices fell more than $2 a barrel on Wednesday, August 26, 2026, as talks between Iran and Oman ‌revived…

3 weeks ago

Nigeria’s petrol supply, consumption drop in July ― NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has recorded a decline in fuel supply and consumption in July…

3 weeks ago

Oil prices steady as investors weigh fresh US sanctions on Iran

Oil prices recovered ground on ​Tuesday, August 25, 2026, after settling down more than 2% in the previous session, with…

3 weeks ago

NNPC, partners sign agreements for $21bn Bonga Southwest project

The Nigerian National Petroleum Company (NNPC) Limited and its partners on Oil Mining Lease 118 have signed key commercial agreements…

3 weeks ago

Oil prices drop as US set to unveil new Iran sanctions

Oil prices slipped more than $1 a barrel on Monday, August 24, 2026, as investors took profits ahead of ‌an…

3 weeks ago

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