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Tag: Crude

Crude oil prices

Crude oil price hits $94 per barrel, the highest so far in 2023

by Omono Okonkwo

September 15, 2023

A review of global crude prices on Oil Price late on Thursday, September 14, showed that Brent crude surged to ...

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

Crude oil prices rally higher following US $1 trillion stimulus plan

by Olumide Adesina

Brent crude gained 0.30% to $43.69 as of 8: 20 AM GMT.

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 up by 40% in May, strongest monthly bounce since March 1999

by Olumide Adesina

It saw steep monthly gains due to falling global crude oil production and expectations for demand growth around the world.

FG battles 6 oil firms for failure to remit N20 trillion , ExxonMobil, Shell, Chevron delay $58.4 billion oil and gas investment in Nigeria, Crude Oil: Nigeria’s oil production slips for the third consecutive month , Tax reform, policy uncertainty to cause oil drop as foreign firms look outside Nigeria, Nigeria plans to support oil price with lower production cost per barrel, Oil price slumps further to $30 pb, as Nigeria grapples with high production cost, Reduction in PMS: A nod to the deregulation of the downstream sector?

Crude Oil: Nigeria’s oil production slips for the third consecutive month

by CSL Stockbrokers

January 17, 2020

Yesterday, OPEC released its monthly oil market report for December which showed that Nigeria’s oil production dipped to a new ...

Worry for Nigeria as forecast shows OPEC countries will face a challenging 2020 , Why OPEC may not change output cut soon, Weaker oil demand overshadows proposed OPEC output cuts, as oil price dips , Nigeria tops compliance list, as OPEC’s December crude output drops, OPEC, Russia planning biggest oil cut ever, OPEC+ output cut: The oil cartel records 86% compliance as Nigeria beats expectation, OPEC+ asks Committee to monitor Nigeria, others over extended oil production cuts

Nigeria tops compliance list, as OPEC’s December crude output drops

by Emmanuel Abara Benson

January 7, 2020

In December last year, member of OPEC pumped less crude per day, in compliance with an output cut that was ...

Dangote Refinery

Nigeria set to become exporter of refined crude products –IMF

by Damilare Famuyiwa

Dangote Refinery is now poised to transform Nigeria’s petroleum industry, boost growth, turn the country into an exporter of refined products, ...

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