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Oil and Gas
Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips Oil prices closed mixed on Friday as US President Donald Trump ruled out…
Oil market ended the week mixed, with a surge in Brent price on concerns over potential supply disruptions linked to a possible US blockade of the Strait of Hormuz, while easing geopolitical tensions and revived hopes for talks with Iran pressured the market.
The prices of crude oil surged sharply on Monday amid heightened concerns about prolonged disruptions to global oil supply following US President Donald Trump’s statements on a blockade of the Strait of Hormuz.
NUPRC, SeaSeis Seal Landmark PEL5 Agreement The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed…
Dangote Warns of Global Oil Shocks A foremost industrialist, Alhaji Aliko Dangote, has warned that…
Oil Prices Dip as Iran Allows Ships Through Strait of Hormuz Brent crude oil traded…
The Saudi Defense Ministry said Thursday air defenses intercepted a ballistic missile targeting the Red Sea port of Yanbu and reported a drone impact at a key oil refinery as regional tensions escalate.