Nigeria’s crude oil revenue has continued to slump as the Organization of the Petroleum Exporting Countries’ newly released Monthly Oil Market Report for September revealed…
View More Nigeria’s oil production crashes to 900,000b/d
Tag: Crude oil
Crude oil posts a second weekly decline despite Friday’s 4% pump
Oil prices increased by around 4% at the last trading session of the week helped by actual and threatened supply cutbacks. However, futures showed a…
View More Crude oil posts a second weekly decline despite Friday’s 4% pump
Troops intercepted N3.7bn stolen crude oil, says DHQ
The Defence Headquarters, on Thursday, said a combined troops of Operations Delta Safe, Octopus Grip and Dakar Da Barawo, intercepted petroleum products worth N3, 708,259,338.00…
View More Troops intercepted N3.7bn stolen crude oil, says DHQ
Crude oil price hits over $100 again
The price of crude oil climbed above the $100 mark on Sunday hitting $101.16/barrel after trading around $98/barrel since Tuesday, as oil marketers in Nigeria…
View More Crude oil price hits over $100 again
Crude oil exports jump by 194%, hit N5.6tn in three months
Amid increasing calls for diversification of the economy, Nigeria’s crude oil exports jumped to N5.6trn in the first quarter of 2022, reflecting nearly 200 per…
View More Crude oil exports jump by 194%, hit N5.6tn in three months