Reports of a rising importation of petroleum products at a time Nigeria is hosting the Dangote Refinery, the largest productive refinery complex in Africa is worrisome.

This is because analysts at Morgan Stanley see rising headwinds on the demand side, which has been their key reason for cutting ... oil price forecast reflected expectations of increased supply ...

Oil prices settled down more than 2% on Wednesday after U.S. President Donald Trump took the first big step toward diplomacy ...

HOUSTON: Oil prices fell more than 1% a barrel on Wednesday, on track to end three days of gains after data showed ...

The move by Dangote Petroleum Refinery to slash the price of diesel by N55 per litre has sent ripples through Nigeria’s ...

Oil prices fell more than 1% a barrel on Wednesday, on track to end three days of gains after data showed U.S. crude stockpiles rose by more than expected ...

Oswal Energies Limited, a prominent name in the engineering, procurement, and construction (EPC) sector, made a significant ...

Oil prices settled down more than 2% on Wednesday after US President Donald Trump took the first big step toward diplomacy over the war in Ukraine he has promised to end, a war that has supported oil ...

Oil prices climbed about 2% on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil ...

Powell urges patience on interest rates, Chevron’s job cuts target production efficiencies amid uncertainty, and more news to ...

Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an economic puzzle that could break ...