Brent Oil Holds Near US$110 on Hormuz Fears
Brent crude traded near US$110 a barrel on 21 October as Iran made unconfirmed claims about a mined tanker and...
October 21, 2026Topic
Energy Markets
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, 2026
Nigeria Court Orders Regulator to Keep Licensing Fuel Importers
A Nigerian court says the fuel regulator broke the law by stalling import licences, as Dangote's giant refinery pushes to...
September 29, 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
Brent Crude Slides Back to 104.6 Dollars After Breaking 105
Brent crude settled near US$104.6 a barrel on 11 September 2026, down almost 3 percent on the day but sharply...
September 11, 2026
Trump Confirms Strait of Hormuz Deal, but Control and Fees Remain Contested
Donald Trump confirmed a memorandum to reopen the Strait of Hormuz in June 2026, but Iran, Oman and Washington still...
August 11, 2026
Ghana Fuel Prices Jump as Oil Hits US$89 and Cedi Weakens
Ghana petrol and diesel prices are set to rise sharply from August 1, 2026, driven by a weaker cedi and...
July 31, 2026
OPEC+ Pumps More Oil, Testing Africa’s Petro-States
OPEC production increase: 188,000 bpd more from August, the fifth straight hike - pressure on the oil prices Nigeria, Angola...
July 6, 2026
Oil Hits $79 as US Sanctions Russian Energy Sector
Crude oil reaches three-month high at $79.76 as US announces major sanctions against Russia's oil industry. Coverage and analysis from...
January 10, 2025