The Federal Government has announced it has recovered 230,000 barrels of stolen crude oil since April 1, and arrested 85 suspects and 72 boats. This was...
The Organisation of the Petroleum Exporting Countries (OPEC) has stated that Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd)...
Some financial analysts have urged the Federal Government to increase its crude oil production to enhance its revenue generation, in order to tackle the rising debt...
Crude Oil prices rose on Thursday, recovering from early losses, in hopes that the planned easing of restrictions in Shanghai could improve fuel demand while lingering...
The Organization of the Petroleum Exporting Countries (OPEC) said that Nigeria‘s crude oil production fell to an average of 1.354 million barrels per day in March....
An oil and gas expert, Mr Charlse Majomi, has called for a concerted drive and clearer fiscal terms to incentivise investments for increased upstream production of...
President Muhammadu Buhari has said the rising crude prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA). The...
Crude oil was down at the start of the London session on Thursday after news broke about both France and Iran stating that they were closer...
The price of crude oil rose in London on Friday morning as an uprising in Kazakhstan led to concerns about disruptions in crude supplies from the...
Mohammad Barkindo, Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) has stated that the cartel’s forecast for crude oil demand in 2022 is 28.8...
