Nigeria’s oil production falls to 1.2mbpd in April 2022
Nigeria’s crude oil production fell to an average of 1.219 million barrels per day (mbpd) in April 2022, representing a ...
Tag: crude oil
Crude oil post gains but set to drop this week on fears of slowing global growth
Oil prices rose about 1.5% on Friday, but are due to lose ground for the first time in three weeks...
Bullish crude oil pushes Nigeria’s foreign reserve to $39.6 billion
Nigeria’s foreign reserve recorded a rare appreciation in April 2022, gaining $32.52 million in the month to close at $39.58 ...
Subsidy: Pay at the Pumps not the Port
The only way to enjoy the cheap Nigeria PMS is to pay with a NIN enabled phone to an eNaira ...
Oil prices drop as investors weigh China’s Covid measures and Europe’s move on Russia
As investors weigh the impact of China's measures to contain the Coronavirus and other concerns, oil fell at the start ...
Oil benchmarks head towards $110 despite Chinese fuel demand concerns
Both Brent and WTI contracts are set to close the week and month higher, with the WTI on track to ...
Oil bullish as tight supplies becomes market’s main focus
The black liquid is bullish towards the start of the London trading session on Thursday, with both major benchmarks up ...
Crude oil exports fall to an average of $39 billion per annum under Buhari. It used to be $80 billion per annum
Data from the Central Bank of Nigeria (CBN) showed that Nigeria made a sum of $195 billion from the export ...
Nigeria’s Crude Oil: This data is damning
Here is a quick deep dive into the statistical anomalies and warning signs that policymakers need to examine for introspection ...
Oil bullish as new sanctions on Russia becomes new driving focus
Member states of the International Energy Agency (IEA) were still discussing how much oil they would together release from storage ...
