Tag: Crude oil

Holds 7-8% global reserves Refines less than 4.0m bpd Spends $90–$120bn importing petroleum products Nigeria and Africa’s crude oil business ...

By Business A.M. Nigeria’s oil production dipped below the one million mark to its lowest point in seven months in ...

By Cynthia Ezekwe  Nigeria’s oil production plunged for the first time in seven months in March 2023 as the country’s ...

By Olivia Nnorom ...as ex-diplomats, foreign ministers lend voice Pressure is mounting from many quarters on Nigeria’s President Muhammadu Buhari ...

  By Innocent Obasi     Nigeria’s revenue from crude oil could increase shortly as Shell Petroleum Development Company Limited ...

BY CHISOM NWATU Nigeria’s crude oil production lost 1.53 percent to an average of 1.219 million barrels per day (mbpd) ...

BY: Moses olajuwon Obajemu   The United States has targeted European market by flooding it with its crude oil thereby ...

World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the ...

Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising ...

Outlook for oil demand looked positive on Tuesday, causing oil prices to rise about $1 a barrel on Tuesday, hitting ...