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Tinubu Departs Saint Lucia, Heads to Brazil for BRICS Summit

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2027: Drama, Intrigues as Julius Abure Tells Otti to Quit Labour Party

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FG Secures $100m for Lagos-Calabar Project from ECOWAS Bank

Energy

Nigeria’s Oil Production Drops For The First Time In Six Months

By Charles Kennedy Nigeria produced 1.517 million barrels of oil per day last month, down by 2% from February, Nigerian media reported, noting that the...

Energy

S&P 500 Wavers As OPEC Move Stokes Inflation Fears

By Agency Report Stock markets around the world are mixed Monday, as a jump in oil prices threatens to add upward pressure on inflation. The S&P...

Energy

Oil Prices Soar As OPEC+ Shocks The Market

On Sunday, OPEC+ announced a surprise production cut of some 1.16 million barrels per day, increasing the total OPEC+ cut to 3.66 million...

Energy

Oil’s Low Prices Draw Rash Of Hedging

By Julianne Geiger Last week’s crashing oil prices were awfully tempting last week for big oil consumers, who took advantage of the low prices to...

Energy

NATO Downplays Putin’s Threat To Station Nuclear Weapons In Belarus

By Charles Kennedy Ukraine is demanding an emergency United Nations meeting and NATO has warned Russia against “dangerous” and “irresponsible” moves after Vladimir Putin announced...

Energy

OPEC+ Will Not Change Output Policy Despite The Oil Price Plunge

By Charles Kennedy The OPEC+ group is not expected to change its production policy despite the oil price plunge last week. Banking concerns sent...

Energy

Goldman Sachs No Longer Sees $100 Oil In 2023

Last week, oil prices booked their worst week since the start of the year, dropping off a cliff on renewed fears about the global...

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