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Energy

Oritsemeyin’s license revocation, a clear warning to oil operators – expert

By Obinna Uballa The Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) revocation of the Oritsemeyin drilling rig’s operating licence is a wake-up call to upstream operators...
Energy

Trump Calls on G7 to Slap Tariffs on China and India for Importing Russian Oil

President Donald Trump has urged U.S. partner countries in the G7 group to impose tariffs on China and India in punishment for their continued...
Business

Oil Prices Climb Following Israeli Attack and Another Trump Tariff Threat

Crude oil price climbed in early trading on Wednesday following the news of an Israeli attack against Hamas leaders in Doha, Qatar, along with...
Energy

Oil Prices Defy OPEC+ Cut Rollback, Rally on Asian Demand Signals

Oil prices rose on Monday despite OPEC+ confirming at its Sunday meeting that it will wind down more than 1 million barrels per day...
Energy

Oil Prices Set for a Weekly Loss Amid Glut Concerns

Crude oil prices were on course to end the week with a loss, with the decline starting on Wednesday and extending into Friday, reversing...
Energy

Oil Prices Hold Steady After U.S. Sanctions on Iranian Crude Scheme

Crude oil prices stabilized today after inching up on Tuesday following the news of new U.S. sanctions on people involved in exporting Iranian crude...
Energy

Brent crude climbs 2% as Russian supply faces disruptions

U.S. policies Weigh in on market By Obinna Uballa Oil prices rose on Tuesday amid growing concerns over Russian supply disruptions and uncertainty surrounding United...
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