crude oil

January 14 - The Nigerian National Petroleum Company Limited announced on Friday the discovery of oil in Nasarawa State and the drilling of the first foot of an oil well in the…
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Angola has overtaken Nigeria as the largest oil-producing country in Africa for the first time in over five years, OduNews reports.
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Nigeria recorded its lowest ever crude oil production in August as its output went below the one million mark.
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June 15- Nigeria’s daily crude oil production has fallen further to 1.024 million barrels per day (mbpd) in the month of May 2022, a 15.9% decline compared to 1.219mbpd recorded in the…
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Nigeria yesterday got the approval of the Organisation of Petroleum Exporting Countries (OPEC) to increase its crude oil production quota by 19,000 barrels per day in June 2022.…
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By Suraj Oyeleye 1. NNPC is being privatized? No, NNPC is not privatized. NNPC is only becoming a limited liability company subject to CAMA, to be named NNPC Ltd (C will also now…
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The prices of crude oil dropped below $40 per barrel at Asia's trading session. The price slide was triggered by the surge in COVID-19 caseloads globally and the U.S dollar…
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The Federal government has budgeted N27bn for the renovation of the National Assembly complex while slashing the budget for primary health care from N44.4bn to N25.5bn in the revised…
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The United States has cut its imports of Nigerian Crude oil by 60.37%. US Crude oil imports in January stand at 1.93 million barrels as against the 4.87 million barrels imported last…
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The Prices of Crude Oil in the United States has dropped to $10/barrel. The current price rate is the lowest it has gotten in the past 22 years. Ahead of Wall Street opening the US…
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The prices of crude oil has fallen to $17.8 per barrel making it to become the lowest in 18 years. More details to follow...
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Nigeria's crude oil price would rebound by at least $15 per barrel, Minister of State for Petroleum, Timpire Sylva says. This is following the latest intervention of the…
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Brent Crude fell to its lowest since 18 years on Monday as it traded for $22 per barrel. This comes amid growing fears that the global coronavirus shutdown could last months and…
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