Tag: Crudeoil

Nigeria’s premium Bonny Light crude oil reached $76.60 per barrel, up from $73 per barrel, driven by escalating hostilities between ...

The Federal Ministry of Finance has dismissed reports claiming the collapse of a proposed $5 billion crude oil-backed loan involving ...

Nigeria’s key crude oil blends, including Bonny Light, Brass River, and Qua Iboe, traded at $67.30 per barrel last Friday, ...

Nigerian crude oil blends ended Tuesday’s trading session on a strong note, selling at an average price of $68 per ...

Nigeria’s expenditure on petrol imports skyrocketed in 2024, reaching an unprecedented N15.42 trillion—a figure more than double that of the ...

The price of Nigeria’s premium crude oil, Bonny Light, has dropped by 20% to $67 per barrel in February 2025, ...

Nigeria’s crude oil production, including condensates, recorded a 4% month-on-month increase, reaching 1.737 million barrels per day (bpd) in January ...

In a significant move to resolve supply disputes and boost local refining capacity, the Nigerian government has mandated local crude ...