Nigeria’s crude oil production plunges to 998,602 bpd, lowest in seven months
Business a.m.
May 11, 2023
By Business A.M. Nigeria’s oil production dipped below the one million mark to its lowest point in seven months in April 2023 as the
Nigeria’s crude oil output plunges by 38,102 bpd in March
Cynthia EzekweMay 9, 2023
By Cynthia Ezekwe Nigeria’s oil production plunged for the first time in seven months in March 2023 as the country’s output dropped
Pressure mounts on Buhari to investigate, prosecute oil thieves
Olivia NnoromNovember 3, 2022
By Olivia Nnorom …as ex-diplomats, foreign ministers lend voice Pressure is mounting from many quarters on Nigeria’s President
Shell resumes crude oil export at Forcados Terminal
Innocent ObasiOctober 21, 2022
By Innocent Obasi Nigeria’s revenue from crude oil could increase shortly as Shell Petroleum Development Company
Nigeria’s oil production plunges 1.2mbpd in April – OPEC data
Chisom NwatuMay 17, 2022
BY CHISOM NWATU Nigeria’s crude oil production lost 1.53 percent to an average of 1.219 million barrels per day (mbpd) in the month of
Nigeria, other African oil producers may lose market share as US floods European market
Aderemi OjekunleAugust 17, 2020
BY: Moses olajuwon Obajemu The United States has targeted European market by flooding it with its crude oil thereby threatening
Oil giant, Saudi Arabia, records $29bn deficit in Q2 as oil demand continues to fall
Businessam StaffJuly 29, 2020
World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the year due to
Oil up on weaker dollar, high U.S. inventory
Businessam StaffJuly 23, 2020
Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising U.S. oil inventories and a
Oil prices rise $1/bbl on virus vaccine hopes, EU stimulus deal
Businessam StaffJuly 21, 2020
Outlook for oil demand looked positive on Tuesday, causing oil prices to rise about $1 a barrel on Tuesday, hitting the highest in
Oil prices fall as COVID-19 infections rise
Businessam StaffJuly 20, 2020
Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously