Nigeria's Senate approves a N54.46tn federal budget for 2026, slashing the crude oil benchmark to $60/barrel to shield the ...

Ahead of the 2026 national budget presentation by President Bola Tinubu, the Senate on Tuesday reduced the $64.8 oil price ...

The Senate on Tuesday adopted far-reaching recommendations of its Committee on Finance, approving a downward review of ...

The Senate on Tuesday approved the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), cutting ...

The price of the benchmark North American crude blend known as West Texas Intermediate, or WTI, slid to a four-year low on ...

"The administration is pushing for $40 per barrel crude oil, and with tariffs on foreign tubular goods, [input] prices are up ...

The price of Brent crude fell to $59.70 a barrel in early trading, its lowest intraday level since May 5. The international ...

While Opec has now reined in its growth plans, and supply fell last month because of sanctions on Russia and Venezuela, the ...

Escalating tensions may constrain near-term supply, but a post-Maduro scenario with lifted sanctions could allow Venezuela to ...

West Texas Intermediate oil fell below US$55 a barrel for the first time since February 2021, the latest sign that crude ...

China's flows of crude oil into storage probably jumped in November to the highest in six months, as a surge in imports ...