Until recently, global oil demand peaked every year with the arrival of the Northern Hemisphere’s winter. As temperatures ...

Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...

Oil exports increased by 25,000 barrels per day (bpd) in May, reaching 6.19 million bpd, according to JODI data, which is ...

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.31 per barrel, down from Monday’s close at $65.68. Brent Oil Exchange Rate (Brent crude) is ...

OIL is going through a period of uneasy calm, but market players are pondering if it's a trend that would last.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.65 during the early Asian trading hours on Tuesday. The WTI loses traction amid concerns of a mounting global oil ...

From a technical analysis standpoint, Oil continues to trade in the tight range between the 100 and 200-day MAs. Each time it appears that a breakout may materailize in either direction buying or ...

The naira edged toward N1530/$ in the unofficial market at the start of the first trading session of the week.

Azerbaijan is implementing comprehensive and unpopular reforms to its domestic heating and electricity market, marked by ...

Kazakhstan’s national pipeline operator KazTransOil transported nearly 9 million tons of oil to domestic refineries in the ...

The English colonial government sabotaged his plans, including his Laxapana (‘100,000 Lights’) hydroelectric scheme, and prevented its immediate fruition. It would take Wimalasurenda another 15 years ...

President Tinubu, opposition seek fresh options The death of former president Muhammadu Buhari has created a big leadership ...