Rising Oil Prices

Rising oil prices driven by the ongoing conflict in the Middle East could weigh heavily on global economic growth, the European Bank for Reconstruction and Development (EBRD) has warned, as energy markets face sustained volatility. The…

Nigeria’s crude oil production fell in May 2025, even as global oil markets reacted sharply on Friday to renewed tensions in the Middle East, sending prices to their highest levels in over four months. The timing highlights a troubling…