BossuTv Logo
About Bossu
  • arrow_back Home
  • keyboard_arrow_rightoil prices

oil prices

Results 1-8 of 8 remove Page 1 of 1

Category filter keyboard_arrow_down
trending_flat

Nigeria

Iran war: Falana urges Nigeria to work with other countries to pressure Trump

Human rights lawyer Femi Falana has called on Nigeria to collaborate with other countries to mount diplomatic pressure on United States President Donald Trump over the ongoing war involving Iran, Israel and the US. Falana said Nigeria should revive its tradition of multilateral diplomacy, like in the days of the Non Aligned Movement, by working with other nations to ensure respect for international law and to push for restraint on all sides. He criticised Trump for what he described as contempt for international law and United Nations resolutions, noting that the US under his watch has withdrawn from dozens of UN decisions. Speaking on Channels Television’s Politics Today, the Senior Advocate of Nigeria argued that Nigeria and other countries must persuade global powers such as China and Russia to intervene diplomatically in the crisis, since they wield significant influence over […]

Abdulmumini Auwal SA March 13, 2026

trending_flat

Togo

Zelensky warns of air defence supply risks

Ukrainian President Volodymyr Zelensky has warned that escalating conflict in the Middle East could jeopardize Ukraine’s access to critical air defence systems. He said the growing military demands in the region may divert both weapons supplies and political attention away from Kyiv’s fight against Russia. In an interview with Corriere della Sera, Zelensky explained that the United States and its Middle Eastern partners may prioritize their own defence needs, particularly advanced systems such as Patriot missiles. He acknowledged the risk that Washington and the European Union could shift focus from Ukraine if the crisis involving Iran expands into a prolonged war. Since Russia’s full-scale invasion in 2022, Ukraine has remained central to Western diplomatic and military support. However, officials in Kyiv now sense a shift in global attention. Heavy use of interceptor missiles by Gulf countries could create shortages in […]

Abubakar March 3, 2026

trending_flat

international

Oil Prices Jump Amid Strait of Hormuz Crisis

Global oil prices climbed sharply after Iran intensified strikes across the Middle East, raising fears of disruption to energy supplies. Brent crude, the international benchmark, jumped 10% on Monday to briefly exceed $82 per barrel following reports that at least three vessels were attacked near the Strait of Hormuz over the weekend. Natural gas prices also surged by up to 25% amid concerns about supply constraints. Iran warned commercial vessels against passing through the strategic waterway, through which roughly 20% of global oil and gas shipments transit. Shipping activity at the entrance to the strait has slowed dramatically, with analysts cautioning that a prolonged disruption could drive energy prices significantly higher. In the UK, the FTSE 100 opened nearly 1% lower, with airline shares hit by widespread airspace closures across the Middle East. European markets experienced sharper losses: France’s CAC […]

Abubakar March 2, 2026

trending_flat

international

Israel strikes Hezbollah in Lebanon after attacks, widening Iran war

Israel has launched air strikes across Lebanon, targeting Hezbollah positions after the Iran backed group fired missiles and drones at Israeli territory in response to the killing of Iran’s Supreme Leader, Ayatollah Ali Khamenei. The Israeli military said it struck Hezbollah sites nationwide, including in the Shiite group’s stronghold in the southern suburbs of Beirut, as part of a broader campaign that also includes ongoing strikes on Iranian targets. Explosions rocked Beirut in the early hours, sending residents fleeing by car and on foot, while smoke was seen rising from areas hit in and around the capital. Israel said at least one projectile launched from Lebanon was intercepted, while others fell in open areas without causing major damage, and warned that it holds Hezbollah fully responsible for any escalation along the border. The strikes on Lebanon come as U S […]

Abdulmumini Auwal SA March 2, 2026

trending_flat

international

Oil prices climb as Trump steps up threats against Iran

Global oil prices have risen again after US President Donald Trump intensified threats against Iran, fuelling fears of supply disruptions from the major crude producer. The latest gains come as US and Iranian officials hold sensitive talks on Tehran’s nuclear programme in Geneva. On Tuesday, US benchmark West Texas Intermediate climbed by around 1.5 per cent, while Brent North Sea crude also ticked higher in early trading. Late last month, Brent had already pushed above 70 dollars per barrel for the first time since July, with WTI moving past 65 dollars, as tensions escalated. The rally has been driven by a series of public warnings from Trump, who has repeatedly told Iran to accept a new nuclear deal or face military strikes. He boasted that a “massive armada” led by the USS Abraham Lincoln carrier strike group was heading towards […]

Abdulmumini Auwal SA February 17, 2026

trending_flat

international

Oil prices tumble after Trump eases concerns over Iran

Oil prices have fallen sharply after US President Donald Trump signalled he may hold off on military action against Iran, easing fears of a sudden disruption to global crude supplies. The pullback comes after a week in which benchmark prices surged on worries that Washington could strike Iran over its deadly crackdown on protesters.​ US West Texas Intermediate crude dropped by more than 1 to 2, losing over 1 per barrel in early Asian trading after Trump said killings in Iran were “stopping” and there was “no plan for executions.” Brent crude, the global benchmark, fell by around 3, slipping back below 65 per barrel after gaining about 11 over the previous five sessions.​ Trump told reporters the US would “watch it and see,” comments that traders interpreted as a sign that an immediate strike on Iran was unlikely. Analysts […]

Abdulmumini Auwal SA January 15, 2026

trending_flat

Nigeria

Nigeria loses N3.18tn in crude earnings despite output growth

Nigeria’s crude oil export earnings fell by N3.18 trillion in H1 2025, even as production rose by nearly 13 per cent, according to the National Bureau of Statistics (NBS). Crude exports totalled N24.92tn between January and June 2025, down from N28.10tn in the same period of 2024 — an 11.3% year-on-year decline. By contrast, crude output climbed to 266.9m barrels in H1 2025, up from 236.7m barrels in H1 2024, data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed. Quarter-by-quarter breakdown Q1 2025: Crude exports N12.96tn vs N15.49tn in Q1 2024 (-16.3%). Q2 2025: Crude exports N11.97tn vs N12.61tn in Q2 2024 (-5.1%). Crude’s share of total exports fell sharply: From 80.8% in Q1 2024 to 62.9% in Q1 2025. From 71.2% in Q2 2024 to 52.6% in Q2 2025. Non-crude exports surge Non-crude exports more than doubled to […]

Abdulmumini Auwal SA September 15, 2025

trending_flat

Finance

NNPC Boss Ojulari Vows to Continue Northern Nigeria Oil Exploration: “I Am a Northerner”

Ojulari’s Pledge: Oil Exploration in the North Continues Nigerian National Petroleum Company (NNPC) CEO Bayo Ojulari has vowed to persist with oil exploration in northern Nigeria, emphasizing the revival of drilling at the Kolmani oil field in the North-East. Speaking to the BBC, Ojulari assured residents of the North that the NNPC remains dedicated to unlocking the region’s energy potential. Kolmani Project: A Legacy of Persistence The Kolmani field, initially explored in the 1970s but abandoned, was revitalized by NNPC under former President Buhari. Ojulari highlighted progress: Over 1 billion barrels of crude oil and 500 billion cubic feet of gas discovered. Plans to resume drilling and complete the Ajaokuta-Kano gas pipeline , promising job creation and industrial revival.“This will uplift the North through shared prosperity,” he said. Transition Words for Context Beyond oil , Ojulari stressed the pipeline’s role […]

Ahmad May 13, 2025

About Bossu TV

BossuTV is a groundbreaking digital television platform that delivers dynamic, high-quality content across every aspects of life — from entertainment, education, and lifestyle to business, culture, and community development

Site Links

BossuTv Logo

Login to enjoy full advantages

Please login or subscribe to continue.

✖

Go Premium!

Enjoy the full advantage of the premium access.

✖

Stop following

Unfollow Cancel

✖

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation

✖