Venezuela Stays Outside OPEC+ Quotas as Targets Hold
OPEC+ held November oil targets at September levels on 4 October. Venezuela is exempt from quotas, but US-bound crude shows...
October 4, 2026Topic
crude oil
Dangote Refinery IPO Demand Soars, Price Questioned
Nigeria's Dangote refinery IPO closes on 13 October. Demand is strong, but the US$49 billion price is more than twice...
October 2, 2026
Oil Wrap: Crude Funds Jump, Latam Producers Split
Crude funds jumped on Thursday, October 1, 2026, but Latin American producers split: Petrobras rose 0.53% while Ecopetrol and YPF...
October 2, 2026
Oil Slides as Middle East Exports Recover, Brent Settles at US$102.59
Oil prices fell Tuesday: Brent settled at US$102.59, down 2.6%, and WTI at US$89.38 as Gulf exports hit a war-time...
September 30, 2026
Oil Settles Higher After Trump Rejects Iran Hormuz Offer
Oil settled higher Monday after Trump rejected an Iran Hormuz offer: Brent rose 0.9% to US$105.28, WTI 0.2% to US$92.60....
September 29, 2026
Seplat Energy Shares Hold a Record for Six Sessions as Nigeria’s Oil Stocks Fall
The Seplat Energy share price record set on 10 September 2026 has held for six sessions, while Nigerian rivals Oando...
September 17, 2026
Dangote Lifts Nigerian Petrol to About US$1.02 a Litre
Dangote raised its petrol gantry price to N1,350 a litre from 12 September, a cumulative N185 rise across four increases...
September 14, 2026
Nigeria’s Main Opposition Candidate Wants the State to Discount Crude for Local Refineries
Atiku Abubakar's production subsidy plan would discount crude for Nigerian refineries, with support tied to verified output and a fiscal...
September 13, 2026
Nigeria’s Petrol Import Bill Rose Almost Tenfold in a Single Quarter
Nigeria petrol imports rose 989.4% to N952.15bn in the second quarter of 2026, even as the country's trade surplus widened...
September 8, 2026