Tag: Crude Oil

Nigeria’s crude oil production increased to 1.459 million barrels per day (bpd) in January 2026, according to the latest Monthly ...

Global oil prices have climbed above Nigeria’s 2026 budget benchmark of $64.85 per barrel, delivering a timely boost to the ...

Nigeria’s crude oil production climbed to 1.507 million barrels per day (bpd) in July 2025, exceeding its OPEC quota by ...

Nigerian crude prices remained nearly flat, with Bonny Light ending a six-day decline at $68.85 per barrel, as oil traders ...

Internal documents from the Nigerian National Petroleum Company Limited (NNPCL), presented at the Federation Account Allocation Committee (FAAC) meetings, revealed ...

The Organised Private Sector (OPS) and oil marketers have called for the immediate privatization of Nigeria’s state-owned refineries following the ...

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, ...