Promoting responsible business
Column 1
Column 2
Column 3
Column 4
Support Us
Lead Investigation
OIL prices continued their upward momentum for a fifth straight session, with Brent crude reaching $107.1 per barrel, while West Texas Intermediate traded at $97.45 at the time of reporting, Oilprice.com reported. According to Bloomberg, the sustained rally is linked to recent social media remarks by United States President Donald Trump, which signal that any […]
Latest Coverage
A sharp, high-contrast reading environment for investigations, policy analysis, and live market signals.
THE International Energy Agency (IEA) has warned that the Strait of Hormuz is no longer considered a dependable corridor for global oil and gas shipments following escalating tensions in the Middle East. IEA Executive Director, Mr Fatih Birol, said the ongoing Iran-related conflict and disruptions in the Strait have exposed its vulnerability, suggesting that global […]
CHINESE authorities have instructed independent oil refiners to keep gasoline and diesel production running at high levels, even if it results in financial losses, warning that any reduction in processing rates could lead to cuts in their crude import quotas, according to sources familiar with the discussions. In a bid to secure domestic fuel availability […]
CRUDE oil prices climbed to over $114 per barrel as tensions intensified in the ongoing US-Israel conflict with Iran. The escalation across multiple fronts has heightened fears in global energy markets. Brent crude, the international benchmark, rose by more than 2.29 percent on Monday morning, crossing the $114 per barrel mark. The upward movement followed […]
THE ongoing conflict in the Middle East has thrown global marine fuel markets into turmoil, driving up prices and creating supply shortages in key regions. In response, traders are increasingly redirecting fuel shipments to major bunkering hubs outside the region, sometimes even sacrificing cargo space to move additional fuel volumes. Fuel oil prices have climbed […]
CRUDE oil prices extended their rally on Thursday as prospects for easing tensions in the Iran conflict dimmed, following Tehran’s firm denial of any ongoing negotiations with the United States, Al Jazeera reported. Brent crude, the global benchmark, surged 5.27 percent to trade at $107.5 per barrel after Iranian officials rejected reports suggesting direct engagement […]
OIL prices surged past the $100 mark once again, reflecting uncertainty over the trajectory of the conflict involving the United States, Israel, and Iran. Brent crude climbed amid mixed signals surrounding possible diplomatic engagement, even as tensions on the ground remain unresolved. Brent closed at $104.5 per barrel at 11.24pm Nigerian time, with WTI $88.50. […]
PRESIDENT Bola Ahmed Tinubu has warned that the escalating conflict in the Middle East involving the United States, Israel and Iran could reverse Nigeria’s inflation trend, putting additional strain on household incomes. The president returned to Nigeria on Friday with First Lady Oluremi Tinubu after a three-day state visit to the United Kingdom, where they […]
CRUDE oil prices started the week on a stronger note in early Asian hours as geopolitical tensions between the United States and Iran intensified over the weekend, with US President Donald Trump’s 48-hour ultimatum on Strait of Hormuz rattles markets. Market movements jumped on Monday on the underlying risks. U.S. benchmark WTI rose by 0.94 […]
Refiners in Asia are now competing aggressively for non-Middle Eastern crude, pushing prices for alternative grades to historic highs. Supplies from regions such as North America and the North Sea are trading at unusually steep premiums compared with Dated Brent, reflecting growing pressure in global oil flows. The region’s refineries, many of which are built […]