Oil traders go bearish, Joe Biden seems more likely to win

Brent crude prices dropped over 1% trading at $40.68/barrel, while West Texas Intermediate also dropped over 1% to trade at ...

Brent crude drops to $25, oil demand drops by about 10% of world’s consumption, Brent Crude Oil hits $26, as Nigeria's Sweet Crude demand falls, Oil price pushes up before OPEC meeting, Asian equity markets mixed, NIGERIA OIL: Darker days ahead as Brent falls below production cost, Brent crude drops, as oil traders focus on OPEC+ meeting

Brent crude prices stay around $45 over ongoing concerns about global energy demand

by Olumide Adesina

August 24, 2020

Brent crude is the leading global benchmark for Atlantic basin crude oils.

Oil prices, OPEC crude oil production drops to its lowest in nearly 30 years

Crude oil traders await signs on Nigeria’s Bonny light

by Olumide Adesina

July 19, 2020

Bonny light closed at $43.17 after losing about 1.57% at the last oil trading session.

Crude oil prices rebound ease investors’ concerns for Nigeria debt market, How substantial is compliance for the Oil market?, Crude Oil price soars high on new COVID-19 vaccine

Nigeria’s Bonny light reaches four months high

by Olumide Adesina

June 21, 2020

Bonny light crude reached a four-month high, since early March 9, where its price fell to $37.22.

Banking crisis imminent over debt by independent oil producers, Crude oil prices up 32% though report still paints gloomy picture Crude oil prices up 32% though report still paints gloomy picture, Hope for Higher Oil Prices., Nigeria’s oil crisis compounded as India’s fuel demand crash by 60% , Nigeria’s Bonny light hits $25 dollars, Saudi pledges more oil cuts

Nigeria’s Bonny Light hits $25, as Saudi Arabia pledges more oil cut

by Olumide Adesina

May 12, 2020

"This reduction in production provided excellent optics encouraging other OPEC + members to comply and even offer additional voluntary cuts, ...

Bonny light, Oil prices, Nigeria’s sweet crude hits $12, yet nobody is buying, Oil prices slump from 5 week high over lockdown concerns, Crude oil prices hit $40 per barrel as inventory build-up declines

Nigeria’s Bonny Light hits $12, yet nobody is buying

by Olumide Adesina

April 18, 2020

Bonny Light, dropped to about $12 - $13 a barrel this week, according to oil traders following the West African ...

NNPC, Chinese firm conclude plans to commence AKK project , NNPC refineries dormant for three months, post losses for 13 straight months, Atlantic Council Global Energy Forum, Pipeline Vandalism: Stakeholder collaboration, critical to tame menace - Kyari, Importing petroleum products must stop, NNPC has over $20bn assets - Kyari, Nigeria loses $750 million to crude oil theft in 2019 – NNPC, NNPC to begin gas pipeline construction for Nigerian economy boost, Crude Oil: Unsold cargoes forces price slash

Crude Oil: Unsold cargoes forces price slash

by CSL Stockbrokers

March 25, 2020

Nigeria cut its official selling price of crude oil to record lows as it looks to clear a glut of ...

Crude oil in Nigeria, Oil producing states in Nigeria, Department of Petroleum Resources, DPR yet to recognise Anambra Enugu and Kogis States as oil producers, West Africa’s crude inventory is building up as demand slows due to Coronavirus, Oil at $26, as Saudi Arabia in no retreat no surrender oil battle with Russia, Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts, Crude oil prices surge higher as Brent crude hits almost $30 per barrel , Brent crude plunges 5%, world’s second largest economy skips economic growth target

Nigeria cuts oil prices to get buyers

by Chike Olisah

March 24, 2020

A monitored report suggests that Nigeria has reduced the official selling prices for its crude oil so as to clear an inventory of ...

Nigeria’s crude oil export may drop to a record 1.43 million bpd

by Fikayo Owoeye

June 11, 2018

Nigeria's oil exports are predicted to drop in July to around 1.43 million barrels per day. According to reports by ...

Nigeria wants international oil companies to pay up now

NNPC foresees force majeure on Bonny Light to be lifted ‘very soon’

by Chris Pemu

September 27, 2017

The Nigerian National Petroleum Corporation (NNPC) has indicated that it expects the force majeure on Nigeria's Bonny Light crude to ...

Tag: Bonny Light