The Central Bank of Nigeria (CBN) has pegged the Customs exchange rate for cargo clearance at N1,601 to the dollar, due to ...

OPEC+ shocked the oil market in April by agreeing a faster-than-expected unwinding of cuts despite weak prices and demand ...

OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment ...

Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical ...

Motorists will breathe a sigh of relief from Wednesday as the cost of all grades of petrol are set to come down.

Petrol and Diesel Prices on May 4, 2025: Oil marketing companies (OMCs) revise petrol and diesel prices daily at 6 AM, ...

Urals crude, the mainstay of New Delhi’s oil imports from Moscow, continues to trade at a discount to rival grades from India ...

Eight members of OPEC+ on Saturday announced a second straight monthly increase of 411K barrels of crude per day for June.