Tag: oil
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Oil Surges Above $100 as Hormuz Blockade Threat Shakes Global Markets
Global crude prices jumped sharply on Monday after the United States announced plans to block shipping through the Strait of Hormuz, a key route...
Oil Prices Slide Below $95 as US-Iran Truce Eases Global Supply Fears
Crude oil prices tumbled on Wednesday, with Nigerian grades falling below $95 per barrel after Iran agreed to reopen the Strait of Hormuz as...
Oil Prices Spike Above $107 as US Signals Escalation in Iran Conflict
Global oil markets rallied sharply on Thursday after the United States signaled a prolonged military campaign against Iran, triggering fresh fears of supply disruptions...
Nigeria’s Oil Earnings Drop to $31.5bn Amid Gas Boom
Nigeria recorded $31.54 billion in crude oil exports in 2025, down from the previous year despite higher production, according to data from the Central...
Nigeria’s Non Oil Exports Hit N12.36 Trillion in 2025 as Trade Diversification Gathers Pace
Nigeria recorded a strong rise in non-oil export earnings in 2025, reaching N12.36 trillion between January and December, according to the latest Foreign Trade...
