crude oil price Archives

Oil prices jump after US hit Iran military targets

Oil prices have jumped after the United States carried out new attacks on Iran, targeting a military site in Bandar Abbas, a strategic port city, according to BBC. The US Central Command said its forces also shot down four Iranian drones that posed a threat around the Strait of Hormuz. Global oil benchmark Brent rose […]

aadelekepdnlimited-com
28th May 2026
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featured Oil and Gas

Oil prices surge above $105/b as Trump rejects Iran peace terms

Oil prices have risen sharply after President Donald Trump dismissed Iran’s response to United States proposals to end the war as “totally unacceptable.” International oil benchmark Brent rose by 4.1 per cent to $105.50 a barrel in Asian trade, while US-traded crude increased by 4.4 per cent to $99.80. The key Strait of Hormuz waterway […]

aadelekepdnlimited-com
11th May 2026
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168 Views

Oil and Gas

Crude falls to $98/barrel yet petrol prices stay high — Report

Crude oil prices including Nigeria’s Bonny Light has dropped significantly to $98 per barrel amid growing speculation that the United States-Iran war — a major factor driving the current market instability — may soon come to an end. But contrary to expectations pump prices in Nigeria remained high as marketers who had responded swiftly with […]

aadelekepdnlimited-com
8th May 2026
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200 Views

Oil and Gas

US-Iran war pushes France trade deficit to €6.9bn

Rising oil prices owing to the Iran war saw France’s trade deficit widen by 1.4 billion euros in March to 6.9 billion euros, authorities said Thursday. According to AFP, imports hit 59.3 billion in March, an increase of 1.8 billion over the previous month. Customs authorities stated that was largely due to the “rise in […]

aadelekepdnlimited-com
7th May 2026
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Oil and Gas

Oil prices climb as Iran war talks stall again

Oil prices rose Monday as talks to end the Iran war appeared to be at a standstill and the crucial Strait of Hormuz no nearer being reopened. While the White House has said Donald Trump and his team were considering Tehran’s latest proposal to restore traffic through the waterway, CNN and the Wall Street Journal […]

aadelekepdnlimited-com
29th April 2026
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featured Oil and Gas

Oil prices drop as Iran declares Strait of Hormuz ‘completely open’

Oil prices plunged Friday after Iran’s Foreign Minister Abbas Araghchi said the vital Strait of Hormuz was “completely open” for commercial tankers and cargo ships during the US-Iran ceasefire. International benchmark Brent North Sea crude plunged 10 per cent to $89.11 a barrel, after earlier falling five percent on US-Iran peace deal hopes. The main […]

aadelekepdnlimited-com
17th April 2026
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164 Views

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Oil prices surge again amid Middle East ceasefire uncertainty

Oil prices jumped and most stock markets fell Thursday as investors weighed the prospects of a shaky Middle East ceasefire and a re-opening of the Strait of Hormuz, crucial to restoring oil and gas shipments. Traders were also locking in profits from Wednesday’s relief rally as the first-quarter earnings season gets underway, which should show […]

aadelekepdnlimited-com
9th April 2026
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Business

Oil falls below $100 after Trump, Iran agree to two‑week ceasefire

Oil prices dipped under $100 a barrel on Wednesday after U.S. President Donald Trump said he had struck a two‑week ceasefire agreement with Iran, contingent on the immediate and safe reopening of the Strait of Hormuz. Brent crude dropped $14.84, or 13.6 per cent, to $94.43 a barrel, while U.S. West Texas Intermediate slid $16.13, […]

monwubukepdnlimited-com
8th April 2026
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183 Views

Business

Oil prices slip as traders await clarity on US–Iran talks

Oil prices declined in volatile trading on Monday as investors looked for clearer signals from ongoing United States Iran discussions and weighed concerns over prolonged supply disruptions linked to shipping issues. Brent crude futures slipped 64 cents, or 0.6 per cent, to $108.39 a barrel as of 1109 GMT. Meanwhile, U.S. West Texas Intermediate crude […]

monwubukepdnlimited-com
6th April 2026
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254 Views

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Oil hits $110 as Trump vows Iran power plant attacks

Oil prices climbed sharply Sunday as President Donald Trump threatened military action against Iranian energy facilities if the Strait of Hormuz remains closed, with Brent crude rising 1.4 per cent to $110.60 per barrel and US crude up 1.8 per cent to $113.60. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up […]

aadelekepdnlimited-com
6th April 2026
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182 Views

featured Oil and Gas

Crude oil surges to $146pb amid US-Iran war fears

Crude oil has surged to $146 per barrel amid escalating fears from the ongoing United States-Iran war, sparking fresh concerns in Nigeria over potential further increases in the price of Premium Motor Spirit, also known as petrol. This sharp rise in global crude prices is driven largely by the conflict, with significant disruptions to energy […]

aadelekepdnlimited-com
23rd March 2026
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featured Oil and Gas

Oil prices surge past $100pb as Iran targets crude-producing neighbours

Oil prices surged again on Tuesday following fresh Iranian attacks on crude-producing neighbours, targeting vital energy infrastructure and raising serious fears of widespread global supply disruptions. International benchmark Brent North Sea crude rose 2.0 per cent to $102.16 per barrel. The main US oil contract, West Texas Intermediate, gained 1.7 per cent to $95.08 per […]

aadelekepdnlimited-com
17th March 2026
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216 Views

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Tag: crude oil price

Oil prices jump after US hit Iran military targets

Oil prices surge above $105/b as Trump rejects Iran peace terms

Crude falls to $98/barrel yet petrol prices stay high — Report

US-Iran war pushes France trade deficit to €6.9bn

Oil prices climb as Iran war talks stall again

Oil prices drop as Iran declares Strait of Hormuz ‘completely open’

Oil prices surge again amid Middle East ceasefire uncertainty

Oil falls below $100 after Trump, Iran agree to two‑week ceasefire

Oil prices slip as traders await clarity on US–Iran talks

Oil hits $110 as Trump vows Iran power plant attacks

Crude oil surges to $146pb amid US-Iran war fears

Oil prices surge past $100pb as Iran targets crude-producing neighbours

Nigeria’s economy stronger but poverty worsened, IMF warns

Africa loses billions to corruption, recovers little, Kenyan.

Tony Elumelu named Seplat chairman in major leadership.

Tinubu approves ₦10bn to tackle Ebola threat in.

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