•A fuel attendant A Financial Economist, Dumebi Oluwole, has explained why the recent drop in global prices of Brent from over $100 per barrel pre-war level to about $72 has yet to reflect at fuel pumps across the country. In Nigeria, the development has seen even the federal government calling for a reduction in prices […]
Global oil prices rallied sharply this week as escalating tensions involving Iran, growing risks around the Strait of Hormuz, and weak supply outlooks from major producers pushed energy markets higher, despite signs of stable U.S. crude production and relatively balanced inventories. Data released by Oilprice.com on May 15, 2026, showed Brent ...

