The Federal Government, through the Nigerian National Petroleum Company Limited, has achieved a 319.88 per cent increase in the production of Utapate Nigeria’s newly introduced low-sulphur crude oil ...

Founder of Heirs Energies, Tony Elumelu, has said Nigeria must ramp up oil production to generate revenue for economic ...

Crude oil futures closed Friday at their lowest settlement price this year, with both WTI and Brent benchmarks tumbling more than $2/bbl, fueled by near-term supply concerns and expectations that ...

The National Oil Spill Detection and Response Agency has reported an oil spill from Shell’s underwater pipeline in Obololi, ...

The most important trading venue for European Brent Crude Oil is the International Petroleum Exchange in London. Popular Articles Indices Commodities Currencies Stocks ...

After a bullish start to the holiday-shortened trading week, oil prices look to settle lower on market uncertainty as ...

After making billions in cement, Nigerian Aliko Dangote is tackling oil and corruption in his quest to become Africa’s ...

The Shell Petroleum Development Company of Nigeria (SPDC) says it has halted crude feeds into its 16-inch Nun River-Kolo ...

The real-time price of Brent crude oil is at $73.83 per barrel, and the price of WTI crude oil is at $70.25 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...

Iraq’s oil minister made a surprise announcement on Monday that exports from Kurdistan would resume next week.

Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to maintain transparency and account for ...

2-Year U.S. Treasury Note Continuous Contract $102.871 0.121 0.12% 5-Year U.S. Treasury Note Continuous Contract $106.758 0.281 0.26% 10-Year U.S. Treasury Note Continuous Contract $109.578 0.406 ...