Oil Prices

Oil plunges 11% as Iran opens Strait of Hormuz

Oil prices tumbled sharply on Friday, falling about 11% after Iran signalled that shipping...

Global economy faces recession risk over Iran war, IMF warns

The global economy could slide toward recession if the ongoing US-Israel war with Iran...

Oil jumps above $100 as U.S. blockades Iran

Oil prices surged above $100 a barrel on Monday after the United States ordered...

Oil slumps as U.S. and Iran agree on ceasefire

Global oil markets plunged sharply on Wednesday after a sudden geopolitical de-escalation between the...

Oil surges past $110 after strikes on Iran, Qatar gas fields

Global oil prices climbed above $110 a barrel on Thursday after fresh strikes on...

Oil rises again despite record reserve release as Iran attacks continue

Oil prices climbed on Thursday as renewed attacks on energy and shipping infrastructure across...

Dangote Refinery cuts petrol price by N100 as global oil prices ease

Dangote Petroleum Refinery has reduced the depot price of petrol by ₦100 per litre...

Oil prices fall after Trump signals Iran war may end soon

Global oil prices fell Monday after U.S. President Donald Trump signaled that the ongoing...

Petrol prices jump nearly 30% in Nigeria since January

Petrol prices in Nigeria have surged by nearly 30% since late January, driven first...

Oil surges past $100 for first time in four years amid Iran war

Global oil prices climbed sharply on Sunday, breaking above $100 per barrel for the...