- Nearly 60% of US Adults Can’t Cover a $1K Emergency Expense – Report
- CBN Cuts Interest Rate by 3.50% as Monetary Easing Begins
- NVIDIA Tokenised bStocks Rises on Holders’ 5x Leverage Boosts Bets
- Chief Economists Expect Global Economy to Stabilise
- Ethereum Tops $2.74K as Binance ETH Withdrawal Hits 3Y High
- XRP Tops $1.52 as Ripple, Absa Launch Bank-Grade Crypto Custody
- Crude Oil Prices Surge as Saudi, Supply Concerns Weigh
- Money Market Rates Steady on 39% Liquidity Surge in Banking System
Oil and Gas
Oil prices closed lower on Friday as Saudi Arabia’s efforts to restore disrupted crude flows
Nigeria Unveils Long-Term Energy Plan –NUPRC Mrs Oritsemeyiwa Eyesan, Commission Chief Executive of the Nigerian…
NNPC Signs MoU for Restart, Expansion of Warri, PH Refineries The Nigerian National Petroleum Company…
Crude oil prices edged higher during trading hours on Tuesday as rising US-Iran tensions in the Strait of Hormuz fueled market uncertainty.
PETAN Urges Nigeria Oil Push Amid OPEC Uncertainty The Petroleum Technology Association of Nigeria (PETAN)…
The global oil market saw another double-digit price surge week on week amid worsening energy crisis conditions. Prices spiked amidst efforts to resolve the Iran war, with Tehran continuing to block the Strait of Hormuz.
Oil prices soared following reports that the US is preparing for an extended blockade of Iran. US crude rose 7.6% to $107.52 a barrel on Wednesday, and Brent rose to $ 119.54 per barrel, up 7.44%.