crude oil production

Nigeria’s Low Crude Oil Production Barely Enough to Cover Petrol Imports, Finance Minister Ahmed SaysNigeria’s Low Crude Oil Production Barely Enough to Cover Petrol Imports, Finance Minister Ahmed Says

Nigeria’s Low Crude Oil Production Barely Enough to Cover Petrol Imports, Finance Minister Ahmed Says

Nigeria’s low crude oil production means the country is barely able to cover the cost of imported petrol from its…

3 years ago
Oil Surges Past $113 as OPEC Keeps Supply UnchangedOil Surges Past $113 as OPEC Keeps Supply Unchanged

Oil Surges Past $113 as OPEC Keeps Supply Unchanged

Crude oil price on Wednesday continued its upswing as Brent, Nigeria’s benchmark crude, rose above $113 per barrel for the…

3 years ago
OPEC Mandates Nigeria to Cut Production by 939,000bpd in Three Months      OPEC Mandates Nigeria to Cut Production by 939,000bpd in Three Months      

OPEC Mandates Nigeria to Cut Production by 939,000bpd in Three Months    

The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday upheld its December 3, 2020 decision to increase crude oil production…

4 years ago