The International Energy Agency (IEA) has forecasted a decline in global crude oil demand for the fourth quarter of 2023, slipping to 101.7 million barrels per day (mb/d). The agency ...
Nigeria experienced a decline in crude oil production, reaching 1.4 million barrels per day, as reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The data disclosed a total production ...
In the initial five months of Asiwaju Bola Ahmed Tinubu's presidency, Nigeria experienced a noteworthy 10% increase in crude oil output, climbing by 131,926 barrels per day, according to data ...
The richest man in Africa, Aliko Dangote, has announced that his refinery would soon start processing gasoline after obtaining a licence to refine over 300,000 barrels of Nigerian crude oil ...
Nigeria's position as Africa's top crude oil producer has been officially restored, as Angola, the continent's top competitor, has seen subsequent drops in production figures. According to the most recent ...
The Attorney General of the Federation, Abubakar Malami, the Secretary to the Government of the Federation, Boss Mustapha, and the Minister of Finance, Zainab Ahmed, have all been summoned to ...
Nigeria's crude oil output fell 1.9% month on month to 1.517 million barrels per day in March 2023, from 1.547 million barrels per day in February 2023. According to the ...
Nigeria’s crude oil sales rose by 46.41 per cent to push Nigeria’s total export to N26.79tn in 2022. This is as total trade rose by 31.79 per cent from N39.75tn ...
In February, Nigeria's crude oil output increased to 1.3 million barrels per day, the highest level in 13 months. This was revealed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) ...
Crude oil gained more than $1 per barrel on Friday and ended the week higher, owing to renewed optimism about demand from China, the world's largest oil importer. Brent crude ...
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