News Global oil prices rise by over 5% as Dangote refinery cuts petrol price by… Alagbe Shenayon Mar 11, 2026 Global oil prices rebounded sharply on Wednesday, climbing by five per cent after falling to $88 per barrel on Tuesday, according…
News Oil prices tumble after Trump says Iran war could end “very soon” Alagbe Shenayon Mar 10, 2026 The price of oil has fallen sharply after US President Donald Trump said that the war in Iran would come to an end "very soon"…
News ‘Small price to pay’, Trump defends Iran war decision as oil soars above… Alagbe Shenayon Mar 9, 2026 Global oil prices climbed past $100 per barrel on Sunday for the first time in almost four years, driven by fears that the…
News Oil price could hit $150 if Strait of Hormuz remains blocked — Qatar energy… Alagbe Shenayon Mar 6, 2026 Qatar’s energy minister, Saad Al-Kaabi, has warned that global oil prices could surge to $150 per barrel within weeks if tankers…
News Global oil prices surge as Iran strikes disrupt shipping near Strait of… Alagbe Shenayon Mar 2, 2026 Global oil prices rose as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and…
Business FG cuts entry costs in 2025 oil licensing round Alagbe Shenayon Jan 29, 2026 The federal government has announced a reduction in entry costs for the latest oil bid rounds as part of efforts to improve…
News Oil falls after Trump remarks ease Iran tension fears Taiwo Oyedokun Jan 15, 2026 Oil prices dropped sharply Thursday after US President Donald Trump appeared to ease threats of immediate military action against…
News Venezuela accuses US of ‘extortion’ over seizure of oil tankers Alagbe Shenayon Dec 24, 2025 Venezuela has accused the United States of the "greatest extortion" at an emergency session of the UN Security Council in New…
News Trump orders blockade of sanctioned oil tankers in, out of Venezuela Alagbe Shenayon Dec 17, 2025 US President Donald Trump has said he is ordering a "a total and complete" blockade of all sanctioned oil tankers going into and…
News FG opens 50 oil blocks for bids, sets sights on $10bn investments in 2025… Alagbe Shenayon Dec 2, 2025 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formally launched the 50-oil-block 2025 licensing round portal,…