NIGERIAN OIL

Apr 13 2026POLITICS

Oil Companies Push for Legal Shield From Climate Lawsuits

Oil firms have long known that burning their fuels can harm the planet. Yet they hid proof and misled people for decades, blocking clean energy progress. Scientists and activists sued these companies to recover money for damages caused by climate disasters that were worsened by the fuels. The

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Mar 21 2026POLITICS

Oil Prices Rise as Middle East Tensions Grow

Oil prices have climbed sharply, reaching around $120 a barrel amid escalating conflicts in the Middle East. The situation is complicated by threats to shipping lanes, especially through the Strait of Hormuz, where Iranian forces have warned against passing oil tankers. This has pushed U. S. gasolin

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Mar 19 2026FINANCE

Oil Prices Surge, Stock Futures Shift, and Micron Faces a Tough Turnaround

Oil prices climbed sharply, sending shockwaves through the market and altering expectations for major stock indices. Futures for the Dow Jones jumped as traders reacted to the sudden rise in energy costs, a trend that has been mirrored worldwide. The move reflects growing concerns about inflation an

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Mar 12 2026FINANCE

Oil Prices Soar as Middle East Tensions Rise

Oil markets surged early Thursday, pushing the benchmark Brent crude above $100 a barrel after recent spikes near $120 triggered by attacks on shipping routes. The surge reflects growing worries that supply could be cut off from the Strait of Hormuz, a chokepoint where about one‑fifth of world oil p

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Mar 03 2026CRYPTO

Bitcoin Drops as Middle East Tensions Push Investors Toward the Dollar

Oil worries and rising conflict in the Middle East made many traders shift from riskier assets to the U. S. dollar, pulling Bitcoin down over 3 % to just below $67, 000. The tension centers on Iran’s threat to close the Strait of Hormuz, a vital route that carries about one‑fifth of the world’s oil.

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Jan 16 2026BUSINESS

Oil Markets: A Storm Brewing?

Oil traders are in a tough spot. They're dealing with big problems in Venezuela, Iran, and the Black Sea. These issues have pushed oil prices up in the last three months. But there's still a lot of oil out there. This makes things confusing for investors. First, there was a big shake-up in Venezuel

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Dec 18 2025FINANCE

Oil Giants Face Tough Times as Prices Drop

Oil prices have taken a hit, dropping from around $70 to just over $56 per barrel. This drop is tough on big oil companies like ExxonMobil, who make a lot of their money from drilling and producing oil. ExxonMobil has some of the best oil fields in the world, like the Permian Basin in the U. S. and

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Dec 10 2025BUSINESS

Oil Prices Take a Tumble: What's Going On?

Oil prices have been on a rollercoaster lately. They've just had their biggest two-day drop in almost a month. Why? Well, it's a mix of things. First, there are these peace talks about Ukraine. If a deal happens, it could mean fewer sanctions on Russia. That would let more Russian oil flow into the

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Nov 23 2025ENTERTAINMENT

Nollywood's Magic: From Humble Beginnings to Global Fame

Nigerian movies, known as Nollywood, have come a long way. They started with low budgets but big stories. These films were a lifeline for many, especially those far from home. They offered a glimpse into Nigerian culture and helped families bond over shared experiences. Back then, getting these mov

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Nov 17 2025POLITICS

Trump's Aid Cuts: A Silent Killer of Nigerian Christians

Nigerian Christians face a significant threat, but it's not just from jihadist groups. The current U. S. administration's aid cuts are causing more harm than the terrorists. If the goal is to protect Nigerian Christians, restoring aid might be more effective than military intervention. The situatio

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