Tag: Crudeoil

Global oil prices held firm on Monday, trading comfortably above Nigeria’s 2026 budget benchmark of $64.85 per barrel, supported by ...

Nigeria’s average daily oil production, including condensates, rose to 1.652 million barrels per day (bpd) in the first eleven months ...

A sustained decline in the pump price of Premium Motor Spirit (PMS), commonly known as petrol, is providing relief to ...

Nigerian Bonny Light crude steadied at approximately $67 per barrel as global oil markets rebounded from significant losses, driven by ...

Nigeria’s crude oil production has surged to 1.8 million barrels per day (bpd), up from 1 million bpd, according to ...

In the first half of 2025, Nigeria's crude oil imports soared by 26.5%, reaching 5.66 million metric tons compared to ...

Nigeria’s trade surplus surged by 44.3% to N7.46 trillion in the second quarter of 2025, up from N5.17 trillion in ...

Nigeria has made remarkable progress in combating crude oil theft, achieving a 50.2% reduction in losses from January to July ...

Nigeria’s Excess Crude Account (ECA) balance has increased to $535,823.39 as of August 2025, up from $473,754.57 in April, according ...

Nigeria’s leading indigenous oil and gas companies—Seplat Energy Plc, Oando Plc, and Aradel Holdings Plc—achieved a combined crude oil output ...