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Oil prices hang on conflict negotiations on Iran, Ukraine

Ease of sanctions on Iran is out of sight following sharp disagreement between the country and the United States. And the expected outcomes of the highly anticipated phone call between Presidents Vladimir Putin of Russia and Donald Trump of United…

Trump’s Middle East tour weighs on oil market fundamentals

Sopuruchi Onwuka Progress made on US-China trade negotiations and the improvement in the US-Iran nuclear negotiations have joined to erode pessimism on oil demand at a time the OPEC+ supply bloc has indicated nearly half a million barrels of incremental…

Middle East trip: Trump masses up $Trillions in deals

Sopuruchi Onwuka US President Donald Trump who stormed the Middle East amidst hostage deal impasse between Hamas and Israel is massing up trillions of dollars in business deals from the region. From defence, aviation and tech deals, Trump has not…

Bearish sentiments rule oil market as OPEC+ agree to boost oil production

Sopuruchi Onwuka World’s biggest petroleum supply bloc, OPEC+, has announced decision to increase petroleum liquids output, a move that analysts fear would now mount downward pressure on the value of the commodity in the global market. The decision is expected…

Global panic as Google battles hackers to protect 1.8bn Gmail users

Sopuruchi Onwuka Tech giant, Google, is currently batting an army of phishing syndicates that are trying with sophisticated dark technology to breach the accounts of over 1.8 billion global Gmail users. Google also assures its mail users that there are…

Minister leads NGA’s delegates to WGC 2025

The Nigerian Gas Association (NGA) proudly confirms that Nigeria’s presence at the World Gas Conference (WGC) 2025 will be headlined by strong government and energy industry leaders. Leading the strong Nigerian Delegation to the triennial event that hosts the world’s…

Trump shields Big Tech from tariff war with exemptions

President Donald Trump’s administration exempted smartphones, computers and other electronics from its so-called reciprocal tariffs, representing a major reprieve for global technology manufacturers including Apple Inc. and Nvidia Corp. even if it proves a temporary one. The exclusions, published late…

Markets respond to Trump’s tariffs pauses on countries, hike on China

Sopuruchi Onwuka Global markets surged Tuesday after former President Donald Trump announced a surprise 90-day pause on new tariffs for more than 75 countries currently negotiating trade terms with the U.S. In a post on Truth Social, Trump said: “I…

Obiang Gabriel Lima in front line for APPO Sec Gen

Sopuruchi Onwuka Equatorial Guinea’s political elite may be on the verge of expanding its influence in Africa’s petroleum sector, as Obiang Gabriel Lima emerges as a frontrunner for the position of Secretary-General of the African Petroleum Producers Organization (APPO). Lima…

US FDA moves to contain use of weight loss drugs

Compounding pharmacies will have to stop producing copycats of tirzepatide, the active ingredient in the blockbuster weight loss drugs Mounjaro and Zepbound, in a matter of days. That’s because a federal judge has ruled that compounding pharmacies can’t keep making…