Browsing: oIL

Oil prices are trading stronger during early hours on Monday with price of Brent up by about 1.5% following the Organisation of Exporting Countries ….

7 Vessels to Arrive Lagos with Petroleum Products – NPA The Nigerian Ports Authority (NPA) said that seven ships would…

Oil prices rose on Friday following reports that Iran is preparing to attack Israel from Iraqi territory in the coming days. The lingering uncertainties due to geopolitical tensions keep increasing supply risks, though there is also downside to global demand due to Chinese lower imports.

Prices of crude oil climbed on Thursday as economic activity in China began to pick up.  The international oil benchmark….

Aradel Holdings Plc grew profit after tax by more than 169% to $88.825 million, according to details from the company’s unaudited financial statement

Oil prices climbed in the global commodities market on Wednesday as a report shows a sharp decline in U.S. crude inventories. Chinese demand outlook remains negative, while the World Bank’s latest report indicates there will be an oil glut in 2025 and 2026.

Seplat Energy Profit Shrinks by 56%, Dividend Increases Seplat Energy Plc has reported about 56% year-on-year decline in net profit…

The oil market rebounded on Tuesday following a strong bearish trend that plunged crude prices lower on Monday following Israel’s retaliatory attack on Iran at the weekend. While it is still not clear if and how Iran will retaliate, the market is clearly of the view that supply risks have eased for now, ING said in a note.

Oil Prices Below $73 despite Israel Attacks on Iran Oil prices slipped despite Israel’s latest counterattack on an Iranian military…

Oil prices in the global commodity market trended higher, with Brent Crude increasing by 2.19% to $76 per barrel…