Energy

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…

2 months 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…

2 months 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+)…

2 months 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…

2 months 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…

2 months 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…

3 months 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…

3 months ago

Dangote refinery imports first UAE crude as global oil supply rises

Dangote Petroleum Refinery has expanded its crude sourcing with its first-ever purchases from the Abu Dhabi National Oil Company (ADNOC),…

3 months ago

Oil prices rise amid uncertainty over US-Iran peace talks

Oil prices rose on Wednesday on concerns breakdowns in ‌discussions between then United States and Iran for a final agreement…

3 months ago

Oil prices drop as investors eye US-Iran talks in Qatar

Oil prices ‌dipped on Tuesday and were poised for a monthly decline, with investors eyeing potential United States-Iran talks in…

3 months ago

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