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NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

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Oil prices fall to one-week low as Iran diplomacy hopes grow

OIL prices fell to their lowest level in more than a week on Monday as investors weighed hopes of renewed diplomatic efforts to end the US-Iran war against continued disruptions to Middle East oil supplies. Brent crude futures dropped to $100.6 a barrel by 8pm Nigerian time, after declining 0.91 percent in the previous session. […]

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Jul 27, 2026 post

Oil prices tumble over 6% as US, Iran suspend hostilities

GLOBAL oil prices dropped sharply by more than 6 percent in early Asian trading on Monday after the United States and Iran paused military attacks, easing fears of an immediate disruption to crude supplies following two weeks of escalating tensions that had pushed Brent crude above $100 per barrel. As of the time of reporting, […]