An escalation in the Middle East conflict has pushed global crude oil prices above $100 per barrel, raising fresh fears…
Browsing: crude oil
Global oil markets are on edge after Iran declared the Strait of Hormuz closed, warning that ships attempting to pass…
The pump price of petrol could rise to about ₦1,000 per litre in the coming days as global crude oil…
The Venezuela oil deal impact is rapidly reshaping global markets as the United States and Venezuela move toward expanded oil…
The United States plans to maintain significant control over Venezuela’s vast oil industry, including overseeing and selling its production “indefinitely”,…
The United States has seized a Russian-flagged oil tanker after pursuing it for more than two weeks across the Atlantic,…
The United States is attempting to seize an oil tanker linked to Venezuela after a more than two-week pursuit across…
The United States will receive between 30 million and 50 million barrels of Venezuelan crude oil, President Donald Trump announced…
The Nigerian National Petroleum Company Limited is carrying crude-secured loan obligations estimated at N8.07tn, according to its 2024 financial statements.…
The Senate committee probing crude oil theft says about ₦300 billion in domestic crude proceeds cannot be traced. Its interim…
The Federal Executive Council has ordered the full implementation of the Naira-for-Crude initiative aimed at supporting local refiners, the Ministry…
Security forces seize 95,000 litres of stolen crude and dismantle 18 boats Army intensifies operations against economic sabotage in four…
In a groundbreaking announcement, the Nigerian National Petroleum Company Limited (NNPCL) has revealed it has delivered a staggering 30 million…