Nigeria needs supply, the foreign exchange market needs liquidity, Nigerians need dollars.

How will Nigeria cope with a route that sees coal demand fall by 90 per cent, gas demand falls by...

Will oil price continue falling as it did last week or will it recover to the $70 level?

Indian refineries have slowed down buying Nigerian oil as a result of COVID-19.

OPEC crude oil production in April increased m-o-m by 0.03 mb/d, to average 25.08 mb/d, according to secondary sources.

Oil prices have risen steadily in the past three weeks, with Brent Crude rising steadily from $64 in April to...

OPEC+ understands the sensitivity of the oil markets, so it prepares accordingly.

The Suez canal is not the Strait of Hormuz, where some 21 million barrels — or $1.2 billion worth of...

With the paucity of funds the government faces, the spending of $1.5 billion on a refinery should be at the...

The pandemic-related shift to remote work could remove between 1 million and 1.5 million barrels per day from global demand.