The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...
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ABUJA, Nigeria, July 14 – Nigeria’s daily oil production increased by 25,000 barrels per day, rising from 1.251 million barrels per day (mbpd) in May to 1.276 mbpd in July, according to the Organisation of the Petroleum Exporting Countries (OPEC). OPEC’s Monthly Oil Market Report for June, based on direct communication with the Nigerian government, […]
The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...
OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the...
OPEC oil output fell in August to its lowest since January, a Reuters survey found on Monday, as unrest that disrupted Libyan supply added to the...
Economic Growth Fails to ABUJA, Aug 26 – Nigeria’s economy grew by 3.19% in the second quarter of 2024, driven by increased crude oil production...
The FPSO Sepetiba, chartered by Petrobras, reached an output of 180 million oil barrels per day in the Mero field […]
The platform ship Sepetiba, chartered by Petrobras, reached its top production, 180 million oil barrels per day (bpd), in the Mero field, in the...
The Nigerian Navy on Friday said that Nigeria’s crude oil production as at August 14, 2024 stood at 1.658 million barrels per day, saying that this...
OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for...
OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate for...
This week’s economic analysis provides an in-depth look at the Federal Government’s fiscal performance, focusing on its earnings and expenditures...