Tag: Crude Oil

Nigeria is bracing for renewed financial challenges as global oil prices drop sharply, slipping beneath the $60 per barrel mark. ...

Nigeria recorded a notable increase in non-oil exports in the first quarter of 2025, reaching a total value of $1.791 ...

Nigeria’s proven hydrocarbon reserves remain robust, with the country’s crude oil reserves recorded at 37.28 billion barrels and natural gas ...

The Crude Oil Refinery Owners Association of Nigeria (CORAN) has expressed optimism that the price of petrol could drop significantly, ...

Nigeria's crude oil production has fallen by 27,000 barrels per day (bpd), according to a new report released by the ...

In a surprising move, the Nigerian government has reintroduced a controversial fuel subsidy policy that dates back over two decades. ...

Nigeria's average crude oil production dropped to 1.25 million barrels per day (bpd) in May, down from 1.28 million bpd ...

Nigeria's oil export revenue reached a record high of N29 trillion in 2023, marking a significant 37% increase compared to ...

In the intricate world of Nigeria's oil industry, the Federal Government sets sail on a bold expedition, eyeing a formidable ...

Dangote Refinery has reportedly entered into an agreement with Trafigura Group, a United States-based oil trader, to procure two million ...