Friday, April 17, 2026
Oil hovers around $31 despite OPEC+ cut deal
The international oil benchmark, Brent crude, wobbled on Monday, despite the historic oil production cut deal sealed by the...
Read moreDetailsCrude cuts: Nigeria to earn $10.61bn in eight months
Nigeria may earn about $10.61bn from crude oil sales between May and December this year following latest decision by...
Read moreDetailsFinancial boost beckons on African oil producers after OPEC+ slashes production by 23.7mbpd
African oil producing nations will experience a financial boost following global oil production slash that sees total world production down...
Read moreDetailsNigeria’s $2.8bn OPEC deal largesse meets roadblock in Mexico
By Moses Obajemu Nigeria’s hope of raking in a $2.8 billion largesse from its sale of crude oil following last...
Read moreDetailsFuel price: NNPC retail stations in full compliance with PPPRA price template
The NNPC Retail Ltd., one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), has clarified that all...
Read moreDetailsNigeria joins OPEC to cut crude oil production
The federal government on Friday said crude oil price would rebound by at least $15 per barrel in the short...
Read moreDetailsFocus shifts to G20 meeting for OPEC++ deal as OPEC+ ends oil price war
From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels...
Read moreDetailsFG set to legalise modular Refineries – Sen Enang
Sen. Ita Enang, the Senior Special Assistant to the President on Niger Delta Affairs, has said that the Federal Government...
Read moreDetailsNNPC to hands-off refineries management, adopt NLNG model
The Nigerian National Petroleum Corporation (NNPC), yesterday, stated that it would no longer be involved in the management of the...
Read moreDetailsOil futures rise on hopes of production cuts
Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a...
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