The market is well supplied – So why is Saudi Arabia raising oil prices?
Photo caption: Oil *OPEC+ unexpectedly increased its supply additions for May and June by 411,000 bpd each, contradicting earlier efforts to tighten the market.
Author : Editor
Portugal begins limited power imports from Spain tomorrow after blackout
Photo caption: Electricity facility Redes Energéticas Nacionais (REN) is set to resume the import of electricity from Spain to Portugal starting Thursday, May 8,
World stocks pause as markets eye US-China talks, Fed rate decision
World stocks largely held onto recent gains on Wednesday and oil prices rose on news of a forthcoming meeting between top U.S. and Chinese trade
Oil rises as market eyes US-China trade talks, lower US output
Photo caption: Oil Oil prices rose on Wednesday, holding slightly above recent four-year lows, as investors focused on U.S.-China trade talks and signs of
MAN applauds ‘Nigeria First’ policy directive, canvases support, sustainability
Photo caption: Segun Ajayi-Kadir By Charles Okonji In accordance with the continuous advocacy for a vibrant and competitive manufacturing sector of the Nigerian economy,
Nigerian airlines, others record low cargo demand
Photo caption: IATA logo Data on global air cargo markets has revealed that the African continent recorded the lowest cargo demand in March 2025,
Nigerian CEOs grappling with inflation, economic volatility – PwC
Photo caption: PwC logo Nigerian Chief Executive Officers are grappling with inflation and macroeconomic volatility, the 28th Annual Global CEO Survey of PwC has
NLNG, Seplat partnership to boost gas supply – Report
Photo caption: NLNG logo Nigeria LNG, Africa’s leading liquefied natural gas producer, is poised to experience a 12 per cent increase in its gas
Renaissance shuts Okordia-Rumuekpe pipeline over oil leak
Photo caption: Renaissance Africa Energy Company Limited logo Renaissance Africa Energy Company Limited disclosed on Tuesday that it has halted oil shipments via its
GenCos demand date to meet Tinubu over payment of N4.7tn debt
Photo caption: Joy Ogaji Electricity generation companies want President Bola Tinubu to hasten the plan of meeting with the firms over the N4.7tn power
