QatarEnergy sharply cut the term price for al-Shaheen crude oil loading in January, trade sources said on Friday, in line with a recent fall in Middle East spot premiums.

The Federal Government is set to earn about N6.99tn monthly from the oil sector as the Nigerian National Petroleum Company ...

Oil prices are facing downward pressure due to weak Chinese demand, a strengthening US dollar, and concerns about a potential global economic slowdown.

The recent string of oil price hikes may be coming to an end, with industry analysts projecting a slight dip in prices next ...

The Trump Administration’s imposition of high tariffs on goods made in China may help to reduce the price of soybean seeds ...

When prices of widely consumed staples like potatoes, edible oil, sugar or onions spike and remain inflated for extended ...

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...

Crude oil futures fell on Friday, on their way to a weekly loss, as investors remain worried over a global surplus, while ...

Union Minister Hardeep Singh Puri reassured that major oil-consuming countries will not face any shortage due to increased ...

THE Federal Executive Council (FEC) yesterday approved a budget proposal of N47.9 trillion for the 2025 fiscal year and ...

On average, analysts expected a climb of 1.5 million barrels in crude supplies for the week, according to a survey conducted by S&P Global Commodity Insights. Late Wednesday, the American Petroleum ...

Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed ...