Crude oil
Only foreign vessels responsible for freighting $9bn worth of Nigeria crude oil
In 2015, Nigeria lost $9 billion in crude oil freight to foreign vessels which lifted all of the country's production for that…
Nigeria’s August crude production hits 1.87mbpd as OPEC’s total output reaches 32.89mb
Nigeria’s crude oil production rose by 70,000 barrels per day in the most of August reaching 1.87 million barrels per day from a July level of 1.8 million…
OPEC production climbs by 35,000 bpd to 31.87m bpd in May, report shows
Crude oil production by member countries of OPEC rose in May, the Organization of the Petroleum Exporting Countries and Russia…
FEATURE: What 13% of $1bn security fund would mean for Nigeria’s South-South
Mid-last week (May 30), the governors of Nigeria’s south-south zone came out from a joint meeting in Port Harcourt, Rivers…
Saudi Arabia, Russia consider easing crude oil supply curbs
Saudi Arabia and Russia are prepared to ease oil production cuts, which have pushed crude prices to their highest since…
Crude prices rise further as traders adjust to looming sanctions on Iran
Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against…
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