News

Ghana's President John Mahama on Tuesday urged global firms to ramp up crude oil production in the West African nation before ...
Nigeria’s crude oil production climbed to a two-month high in April, signalling modest recovery efforts in Africa’s largest ...
The NUPRC says Nigeria’s oil production increased to 1,485,700 barrels of oil per day (bpd) in April. According to NUPRC's ...
Oil prices are not likely to recover much as a significant surplus is looming on the market, according to analysts.
Crude prices fell to a 3-1/2 week low Monday due to concern about a global oil glut after OPEC+ agreed on Saturday to raise its crude production ... on imports from countries that buy Russian ...
Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Concern about a global crude oil supply glut weighed on oil prices Monday after OPEC+ agreed to raise crude production and ... a 500% tariff on imports from countries that buy Russian crude ...
Prices at the pump have indeed gone down, largely because the price of crude oil has dropped by nearly 25% since ... Analysts ...
The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...