Tag: Brent crude

Global Oil Prices Fall as Trump Signals Iran Peace Deal, Nigeria Exceeds OPEC Quota

Business Damilola Bayonle -
Global oil prices fell sharply on Thursday after United States President Donald Trump announced that planned military strikes against...

Oil Prices Today: Brent Crude Drops 3% as Middle East Ceasefire Eases Hormuz Fears

Business Damilola Bayonle -
Oil prices fell sharply on Thursday after investors reacted to signs of easing tensions in the Middle East, raising...

Oil Prices Near $110 as Hormuz Tensions Threaten Nigeria Fuel Costs

Business Damilola Bayonle -
Oil prices near $110 as Hormuz shipping risks deepens Oil prices climbed toward $110 per barrel on Sunday as escalating...

Nigeria inflation rate may rise to 15.95% as fuel prices, oil shock push up cost of living

Business Damilola Bayonle -
Nigeria inflation rate is projected to rise for the second consecutive month in April 2026, signalling a sharp interruption...

Oil prices drop amid US withdrawal from Iran as global markets react to easing Middle East tensions

Business Damilola Bayonle -
Global oil markets recorded a sharp pullback on Wednesday as geopolitical signals from Washington suggested a possible de-escalation in...

NNPC moves to stabilise fuel supply as Dangote Refinery faces crude supply shortfall amid global oil surge

Business Damilola Bayonle -
NNPC boosts crude supply to Dangote amid price surge Nigeria’s energy landscape is undergoing a critical stress test as global...

Oil surges past $100 as Iran conflict deepens, global markets brace for energy shock

Business Damilola Bayonle -
Rising geopolitical tensions in the Middle East are sending shockwaves through global commodity and financial markets, pushing crude oil...

Oil tops $100 as Iran threatens Hormuz closure, triggering global market turmoil

Business Damilola Bayonle -
Global oil markets have entered a new phase of volatility as crude prices surged above the $100 per barrel...

Oil prices recover as Brent hits $91 after historic IEA release of 400 million barrels

Business Damilola Bayonle -
Global oil markets witnessed renewed volatility on Wednesday as Brent WTI oil prices recover following a sharp rebound in...

Global oil shock: Brent oil price surge hits $87 as Gulf conflict chokes supply

Business Damilola Bayonle -
Global energy markets have been jolted by a sharp rally in crude prices as geopolitical tensions in the Middle...

Cooking gas hits N950/Kg as US-Iran conflict pushes oil prices higher, Nigerians feel the heat

Business Damilola Bayonle -
Nigerians bear heat of US-Iran war as cooking gas prices jump N100/Kg Households across the country are grappling with fresh...

Nigeria’s Eurobond yields spike as Middle East tensions trigger global risk-off wave

Business Damilola Bayonle -
Nigeria’s Eurobond hit by global sell-off on escalating Middle East tension Nigeria’s sovereign Eurobonds came under renewed pressure this week...