Energy

Oil prices head for record monthly rise as Middle East conflict escalates

Oil prices extended gains on Monday, March 30, 2026, with ​Brent headed for a record monthly rise, after Yemeni Houthis…

1 month ago

NNPC targets $60bn investment, 600tcf gas reserves

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced an ambitious plan to grow the nation’s gas reserves from…

1 month ago

Oil prices set for steepest weekly fall in 6 months

Oil prices fell on Friday, March 27, 2026, and were on track for the steepest weekly decline in six months…

1 month ago

Dangote refinery reduces ex-gantry petrol price

Dangote Petroleum Refinery has announced a reduction in its petrol price, lowering the ex-gantry rate to N1,200 per litre from…

1 month ago

Oil prices rise as investors review Middle East ceasefire prospects

Oil prices rose about 2% on Thursday, March 26, 2026, clawing back losses ‌from the previous session on concerns that…

1 month ago

Oil prices drop below $100 after US offers 15-point ceasefire plan to Iran

Oil prices fell around 4% on Wednesday, March 25, 2026, on the prospect of a possible ceasefire easing supply disruptions…

1 month ago

Oil prices rise after Iran denies US talks

Oil prices rose on supply fears on Tuesday, March 24, 2026, as Iran denied it had talks with the United…

1 month ago

Oil prices slip after Trump halts Iran energy strikes

Oil prices dropped about 8% on Monday, March 23, 2026, after United States President Donald Trump said he would postpone…

1 month ago

Oil prices rise as investors weigh US, Iran threats

Oil prices rose on Monday, March 23, 2026, as investors weighed rising United States and Iranian threats over energy facilities…

1 month ago

NLC rejects N6trn bailout, demands energy sector reform

The Nigeria Labour Congress (NLC) has rejected the proposed N6 trillion bailout for power generation companies, saying repeated financial interventions…

1 month ago

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