Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has disclosed that the recent tariff policies by US President, Donald Trump, is ...

Crude oil market regulations control supply and dynamics, thus price, based on factors like: As with all commodities, oil prices are driven by supply and demand. However, the global pool of oil and ...

These actions have caused higher crude oil prices, as seen with Brent crude rising to $66.19 a barrel recently. Additional supply concerns arose after some OPEC members exceeded their production ...

Ongoing sanctions targeting Iranian oil exports by the U.S. and additional output cuts by key OPEC members have tightened supply. This has buoyed global crude prices slightly, impacting domestic ...

President Bola Ahmed Tinubu recently appointed a new team for the board and management of the Nigerian National Petroleum Company Limited (NNPCL).The new 11-man board of the company is composed of ...

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Due to the Easter holiday in many markets on Friday, April 18, there will be no GLOBAL MARKETS reports globally.