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Brent crude oil prices have been on a consistent decline since 2021, raising significant concerns for governments and oil-dependent economies that heavily rely on crude oil revenues for budget ...

Time is running out to stop Iran’s crude nuclear bomb As US begins talks with Tehran, intelligence officials believe regime is enriching enough uranium to produce viable weapon within months Save ...

Experts and industry stakeholders foresee a stable, affordable and competitive pricing of petrol with the return of the naira-for-crude policy. The sale of crude in naira to local refineries ...

But there is one area where countries can try and up their imports from the United States, and that's energy commodities such as crude oil, liquefied natural gas (LNG) and coal. The obvious ...

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) says the retail prices of petrol, affected by constant reductions during the naira-for-crude deal, “were not honest”.

The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...

Brent crude, the international oil benchmark, fell by $1.39, or 2.16%, to close at $62.82 a barrel. U.S. West Texas Intermediate (WTI) crude also declined, dropping $1.12, or 1.85%, to settle at ...

The federal government says the naira-for-crude oil deal will continue after the first phase ended on March 31. The ministry of finance announced on Monday, after a meeting between the technical ...

WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as ...

The Federal Government has doubled down on its Naira-for-crude oil initiative, declaring it a permanent fixture in Nigeria’s long-term economic reform strategy — not a temporary fix.

NEW YORK, April 9 (Reuters) - U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and distillate inventories drew down ...