OilMarket

4 Articles
World

U.S. Imports of Nigerian Crude Drop 15 Percent as Energy Trade Shifts in Early 2026

The United States spent $578.78 million on crude oil imports from Nigeria in the first quarter of 2026, marking a significant decline compared...

World

UK Deploys HMS Dragon to Protect Shipping in Strait of Hormuz

The United Kingdom has announced plans to send the naval destroyer HMS Dragon to the Middle East as part of efforts to protect...

Economy

Petrol Prices Surge Nationwide Amid Global Oil Disruptions

Petrol prices have climbed to record levels across Nigeria, raising fresh concerns about inflation and economic pressure as the ongoing tensions between the...

World

Trump Halts Planned Strikes on Iran After Productive Talks Signals Diplomatic Progress

Donald Trump has announced a temporary halt to planned military strikes on Iranian energy infrastructure following what he described as productive diplomatic engagements...