Tag: energy market

US-Iran nuclear talks: Rubio says US will find ‘another way’ if negotiations fail

World News Emmanuel -
US-Iran nuclear talks: Rubio says US will find ‘another way’ if negotiations fail The US-Iran nuclear talks have entered a...

Oil shock deepens as TotalEnergies cuts 15% of production amid Middle East crisis

Business Damilola Bayonle -
Escalating geopolitical tensions in the Middle East are beginning to exert significant pressure on global energy markets, with major...

Nigeria falls short of OPEC oil target again as January output drops to 1.48mbpd

Business Damilola Bayonle -
Nigeria misses OPEC oil production quota for sixth straight month Nigeria misses OPEC oil production quota for sixth straight month,...

Dangote fuel price cut to N774 as refinery expands footprint with new Burundi investment plans

Business Damilola Bayonle -
Dangote fuel price cut reshapes Nigeria’s downstream market as Burundi expansion gains traction Dangote Petroleum Refinery has announced a fresh...

Geopolitical tensions push oil prices above $63 | Latest oil market update

Business Damilola Bayonle -
Oil prices surged above $63 per barrel last week, fueled by rising geopolitical tensions in key oil-producing regions, including...

Petrol price war escalates as fuel stations crash prices below Dangote benchmark

Business Damilola Bayonle -
Nigeria’s downstream petroleum market is witnessing one of its fiercest competitive phases in years, as several fuel retailers have...

Dangote pumps 43 million litres, shuts down rumours and reassures petrol market stability

Business Damilola Bayonle -
Dangote Pumps 43 Million Litres as Refinery Reassures Market Stability The Dangote Petroleum Refinery has dismissed widespread speculation alleging a...

OPEC confirms Nigeria 1.5mbpd oil quota for 2026: Boosting stability and global confidence

Business Damilola Bayonle -
The Organisation of Petroleum Exporting Countries (OPEC) has confirmed that Nigeria’s crude oil production quota will remain at 1.5...

Nigeria’s petrol price hike deepens despite cheaper crude and stronger naira

Business Damilola Bayonle -
Nigeria’s Petrol Price Hike Sparks Confusion Among Consumers Despite the strengthening of the naira and a sharp decline in global...

Dangote Refinery output climbs to 610,000bpd

Business Damilola Bayonle -
The Dangote Petroleum Refinery, Africa’s largest private oil refining project, has ramped up operations to an impressive 610,000 barrels...