The international oil benchmark, Brent crude, plunged to its cheapest in 18 years on Monday as it traded around $22 per barrel. This

Oil prices held near two-month highs on Friday, set for a third consecutive week of gains on expectations of an extension to OPEC+

Tola Akinmutimi The Federal Account Allocation Committee (FAAC), on Wednesday disclosed that the three tiers of government shared a

The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy

Since its incorporation in 2013 by the Central Bank of Nigeria, a total of N101bn has been facilitated by the Nigerian Incentive-Based

Hameed Ali, the comptroller-general of Customs, on Tuesday said that the decision to suspend the supply of petrol to communities at

Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but

SIX former top officials of the Nigerian National Petroleum Corporation (NNPC) are under investigation for their involvement in the

Oil rose further above $62 a barrel on Tuesday, supported by hopes that US President Donald Trump may signal progress on trade talks