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

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

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

The massive price discount on Canadian oil and gas assets compared with those south of the border was likely a major factor ...

UBS slashed its price forecast for global benchmark Brent to $80 per barrel on weakening demand in China, the world's largest crude importer.

Ukraine can expect billions more in aid along with increased sanctions targeting sea vessels carrying oil and gas originating in Russia.

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

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 ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

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

The Federal Executive Council (FEC) presided over by President Bola Tinubu on Thursday approved a proposed budget of N47.9 trillion for 2025.