Nigeria’s Crude Oil Output Drops to 1.4 Million Barrels Daily in November 2023
Nigeria experienced a decline in crude oil production, reaching 1.4 million barrels per day, as reported by the Nigerian Upstream ...
Thursday, December 26, 2024
Tag: Oil
Nigeria’s Oil Sector Records -0.85% Growth in Q3 2023
According to the recently released Gross Domestic Product (GDP) report by the National Bureau of Statistics (NBS), Nigeria's oil sector ...
Nigeria’s Crude Oil Production Surges 10% in First 5 Months of Tinubu’s Presidency
In the initial five months of Asiwaju Bola Ahmed Tinubu's presidency, Nigeria experienced a noteworthy 10% increase in crude oil ...
Nigeria Leads Rise in OPEC Oil Production for October 2023 – Survey
In a recent Bloomberg survey conducted on November 1, 2023, Nigeria emerged as the leader in boosting oil production among ...
Oil, manufacturing sector got highest tax exempt in 2022 – Report
Operators in the nation’s oil and manufacturing sector got the highest tax exemption out of the N1.42tn granted to various ...
Nigeria’s Ongoing Battle Against Crude Oil Theft: 4,145 Cases Reported Since May 2023
A disturbing revelation has come to light through a review of crude oil theft incident reports provided by the Nigerian ...
Allianz Trade Predicts Oil Prices Could Surge to $140 Per Barrel, Potentially Triggering a Global Recession
Allianz Trade, a Paris-based entity, has raised a warning flag, stating that crude oil prices could soar to as high ...
World Oil Demand Forecast Remains Steady at 2.33mbpd — OPEC
The Organization of Petroleum Exporting Countries (OPEC) reported that global oil demand for 2023 remained stable for the third month ...
Oil Rises on Positive Europe, US, UK Economic Data
Oil futures rose 56 cents to $81.66 per barrel on Friday, boosted by strong economic data from the Eurozone, the ...
Nigeria’s Crude Oil Output Falls to 1.517mbpd in March
Nigeria's crude oil output fell 1.9% month on month to 1.517 million barrels per day in March 2023, from 1.547 ...
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