Nigeria’s oil production dropped in February to an average of 1.25 million barrels per day (bpd) from 1.39 million the previous month. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed
Tag "oil price"
Oil price, on Tuesday, surged to $130 a barrel amid oversupply fears triggered by a potential US and European ban on Russian oil imports. Brent crude futures, the global benchmark,
The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to increase production by 400,000 barrels per day, citing geopolitical tensions as the reason for rising
Global oil prices pulled a surprise on Wednesday, trading above $110 a barrel amid supply disruptions following Russia’s invasion of Ukraine. The development is coming even as the United States
Gone are the days when high crude oil prices meant a lot to Nigeria, or should I say Nigerians. It
Oil price, on Thursday, rose to $102 a barrel, for the first time since September 2014, with escalating tensions between
Global oil prices trade near $100 per barrel on supply disruption worries as tensions between Russia and Ukraine escalated. The
Fatih Birol, executive director, International Energy Agency (IEA), says members of the Organisation of Petroleum Exporting Countries (OPEC) and its
Brent crude oil rose to $95 a barrel for the first time since October 2014 amid rising tensions between Russia and
Oil prices rose on Wednesday to $90 a barrel for the first time since October 2014. Over the past months,
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