Oil falls as Trump signals possible end to Middle East war
Global oil markets retreated on Tuesday after comments from Donald Trump indicated that the war in the Middle East could ...
Monday, May 25, 2026
Tag: Oil
Oil rally pauses as U.S. jobs data offsets Hormuz war risk
Global oil markets paused their rally on Wednesday, as stronger-than-expected U.S. labour market data counterbalanced mounting geopolitical risks stemming from ...
Oil edges lower ahead of Fed meeting despite geopolitical tensions
Onome Amuge Oil prices eased on Monday, giving back a small portion of last week’s gains as investors balanced mounting ...
OPEC slashes Nigeria’s oil output 20.7% to 1.38 mb/dÂ
By Cynthia Ezekwe THE Organisation of Petroleum Exporting Countries and its allies (OPEC+) has slashed Nigeria’s oil output, ...
Nigeria to earn $50bn from oil projects in five years, says NCDMB
By Cynthia Ezekwe The Nigerian Content Development and Monitoring Board (NCDMB) said that Nigeria is expected to generate over $50 ...
Nigeria retains Africa’s top oil producer spot in MarchÂ
By Onome Amuge Despite recording lower crude oil production in March 2023, Nigeria retained its position as the largest oil ...
NUPRC highlights benefits of optimal oil, gas production for revenue generation
By Innocent Obasi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has emphasized the need for accurate crude oil and natural ...
Oil climbs as traders grow optimistic over China’s demand recovery
By Onome Amuge Oil prices firmed in morning trading on Thursday after gaining about three per cent the previous day ...
Oil rebounds following 9% New Year drop
By Onome Amuge Crude oil futures gained on Thursday as markets gradually stabilised following days of consecutive declines that resulted ...
Oil futures slips over global economy concerns
By Onome Amuge Oil prices plunged into bearish territory following the International Monetary Fund’s (IMF) report that a third of ...
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