Tag: Crudeoil

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 ...

Nigerian crude oil prices have soared past $70 per barrel, reaching $72.3 on Tuesday, driven by heightened geopolitical tensions in ...

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, ...