Energy

Oil prices drop amid US-Iran conflict

Oil prices eased on Friday, July 10, 2026, but remained on ‌track for weekly gains as renewed United States-Iran fighting…

3 weeks ago

Oil prices rise after US launches fresh strikes on Iran

Oil prices advanced on Thursday, July 9, 2026, after the United States launched fresh airstrikes on Iran, escalating tensions in…

3 weeks ago

Oil prices soar after Trump declares deal with Iran ‘over’

Oil prices soared by more than five per cent on Wednesday, July 8, 2026, reaching their highest levels in two…

3 weeks ago

Oil prices rise as markets focus on supply, demand outlook

Oil prices edged higher on Tuesday, July 7, 2026, as investors assessed improving supply conditions and monitored demand prospects despite…

3 weeks ago

Nigeria lost N2.376trn to grid underutilisation in 11 years ― NISO

The Nigerian Independent System Operator (NISO) has disclosed that the country lost over N2.376 trillion to power sector grid underutilisation…

3 weeks ago

Oil prices fall as OPEC+ approves August output increase

Oil prices declined on Monday, July 6, 2026, after the Organization of the Petroleum ​Exporting Countries and its allies (OPEC+)…

4 weeks ago

Port Harcourt, Warri refinery MoU targets sustainable operations — NNPC

The Nigerian National Petroleum Company (NNPC) Limited says the recently signed Memorandum of Understanding (MoU) for the rehabilitation and operation…

4 weeks ago

Why we don’t cut petrol prices in line with global oil price drop — Dangote refinery

Dangote Petroleum Refinery has defended its petroleum product pricing strategy, insisting that recent reductions in fuel prices reflect its commitment…

4 weeks ago

Again, Dangote refinery reduces petrol price, forecasts more reductions

Dangote Petroleum Refinery has announced another N50 per litre reduction in the ex-depot price of Premium Motor Spirit (PMS), otherwise…

4 weeks ago

Oil prices record three-day decline as US, Iran end talks in Qatar

Oil prices dropped on Thursday, July 2, 2026, down for a third consecutive day, after Qatar said the United States…

4 weeks ago

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