Global crude oil tracked by Brent futures has fallen sharply, losing over 7% in August and extending its year-to-date decline to more than 11% in 2025.
Nigeria has, for the first time, imported more crude oil from the United States than it exported, marking...
ENRICH in Africa (EiA) in collaboration with the Co-creation hub (CcHub) has launched its Africa to Europe scaling the programme to support high-potential African startups to scale into the European market.
Data released from the U.S EIA showed a decline of 4.089 million barrels in the 3rd week of July.
The low volatility in Brent crude was largely attributed to many oil traders staying on the sidelines.
Brent crude was slightly up by 0.04% to trade at $43.23 at 5:42 am local time on Thursday.
This year has been a turbulent one for the oil market as crude oil prices went negative for the first time in history.
