Tag: global oil prices

Oil profits war climate: Big oil makes $93bn as heatwaves and floods hit

Business Emmanuel -
Oil profits war climate crisis has reached a boiling point after eight of the world’s biggest oil companies made...

Middle East conflict may deliver N30trn oil windfall to Nigeria, economists Say

Business Damilola Bayonle -
Nigeria may be on the verge of an unexpected fiscal boost as rising global oil prices triggered by geopolitical...

Nigeria’s economy gains strength as Edun says 4.07% GDP growth can cushion global oil crisis

Business Damilola Bayonle -
Nigeria’s economic managers say the country’s recent growth performance may provide a buffer against potential shocks from global oil...

FG may recalibrate economic policies as Middle East crisis threatens oil prices and global markets

Business Damilola Bayonle -
Nigeria’s economic managers are closely monitoring escalating geopolitical tensions in the Middle East, with the Federal Government signalling readiness...

US-Iran war triggers petrol price tensions as marketers, Dangote clash over fuel costs in Nigeria

Business Damilola Bayonle -
US-Iran War Petrol Price Impact Sparks Dispute Between Marketers and Dangote Refinery The escalating geopolitical tensions triggered by the US-Iran...

Oil surges and global stocks slide as Iran conflict disrupts energy markets

Business Damilola Bayonle -
Oil extends gains, stocks dive as Iran conflict spreads Global financial markets reeled on Tuesday as crude benchmarks surged for...

OPEC production level surge sparks fear as oil prices crash

Business Damilola Bayonle -
Global oil markets faced renewed turbulence this week as crude prices dipped to their lowest levels in 17 weeks,...