Crude oil prices struggle below $75 as OPEC lowers demand forecast for the fourth time
Crude oil prices have dropped nearly 9% from an early October high of $80.35 per barrel, with Brent crude struggling ...
Tag: crude oil
Nigeria lost 7.68 million barrels of crude oil in 2023 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that approximately 7.68 million barrels of crude oil were either stolen ...
Nigerian crude sells for $81 a barrel despite worries about the world’s biggest crude oil importer
Nigerian crude traded at a premium, above $80 a barrel, despite moderation in China's inflation rate and an opaque situation ...
Brent and Nigerian oil blends gain 11% amid conflict involving world’s 9th largest oil producer
Brent and Nigerian oil blends have rebounded from their September lows, stabilizing around $77 per barrel as escalating tensions in ...
Nigeria’s crude oil production declines by 40,000 bpd as OPEC’s output drops in September – Report
Nigeria continues to struggle to meet its OPEC’s quota as its crude oil production fell by 40,000 barrels per day ...
Nigeria’s crude oil production rises by 3.4% to 1.35million bpd in August – OPEC
Nigeria’s average daily crude oil production rose by 3.4% to 1.352 million barrels in August according to latest data published ...
Pipeline Vandalism: Court grants N20 million bail to truckers accused of transporting 40,000 litres of crude oil
The Federal High Court, Abuja, has granted N20 million bail to two truck drivers accused of vandalizing oil pipelines in ...
Five economic benefits of selling Crude oil to Dangote refinery in Naira
The Federal Government of Nigeria has listed some of the benefits of selling Crude oil to Dangote refinery and other ...
Libya denies talks of crude oil supply to refineries in Nigeria
The National Oil Company of Libya, also known as NOC, has denied holding negotiations to supply crude oil to any ...
International Oil Companies are not refusing to sell crude oil to Dangote Refinery- NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stated that International Oil Companies (IOCs) are not refusing to sell crude ...
