OPEC

Business·Latest News·Oil & Gas·World News

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Oil Prices Rise on Middle East Tensions Global oil prices are climbing once again, driven by fears of escalating conflict in the Middle East. Brent crude, the global oil benchmark, inched closer

Emmanuel Ochayi

2 months ago

Saudi Arabia Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Business·Latest News·Oil & Gas·World News

Saudi Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

Saudi Arabia has issued a serious warning to its fellow members of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, commonly known as OPEC+. The Kingdom warned that oil

Emmanuel Ochayi

2 months ago

Business·Latest News·Oil & Gas

OPEC: Nigeria’s Oil Production Rises By 3.4% In August As Global Demand Outlook Adjusted

Nigeria sees oil production increase in August Nigeria’s daily crude oil production rose by 3.4% in August, bringing its output to 1.352 million barrels per day (bpd), according to the latest monthly

Emmanuel Ochayi

2 months ago

Nigeria’s Oil Import Drops By 35% In Q2 Amid Shift In Energy Policy

Business·Latest News·Oil & Gas

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

NBS Report Highlights Drop in Crude Oil Production The Nigeria Bureau of Statistics (NBS) has released its quarterly Gross Domestic Product (GDP) report for 2024, revealing a decline in Nigeria’s crude oil

Emmanuel Ochayi

3 months ago

Business·FEATURES·Latest News

Why Nigeria’s Economic Woes Are An Unforgivable Failure of Leadership, Governance

The Catastrophe of Leadership Failure Nigeria’s current economic disaster is not just a random misfortune; it is an unforgivable failure of leadership and governance. This nation, once brimming with potential and blessed

Emmanuel Ochayi

3 months ago

Business·Latest News·Oil & Gas

Nigeria’s Crude Oil Production Surges To 1.3mbpd In July

Nigeria’s average daily crude oil production increased to 1.307 million barrels per day (mbpd) in July. This was revealed in the Organisation of the Petroleum Exporting Countries (OPEC) monthly Oil Market Report

Victor Ezeja

3 months ago

Nigeria's Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Business·Latest News·Oil & Gas

Nigeria’s Oil Prices Trades At $90 Amid Global Economic Shifts

Nigeria’s Oil Prices Stay Strong Nigeria’s Brass River, Bonny Light, and Qua Iboe crude oils are trading above $90 per barrel, higher than the current Brent benchmark. Economic downturns influence this in

Emmanuel Ochayi

4 months ago

Business·Oil & Gas

NUPRC Extends Deadline For Oil Block Licencing Round

Nigerian Upstream Regulatory Commission (NUPRC), has extended the application deadline for the 2024 oil block licensing round.

Victor Ezeja

5 months ago

Business·Latest News

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

Nigeria’s daily oil production dipped further to 1.25 million barrels per day (mbpd) in May, according to a report by the Organisation of the Petroleum Exporting Countries (OPEC). This contradicts recent claims

Emmanuel Ochayi

5 months ago

Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Business·Latest News·Oil & Gas·World News

OPEC Sees Oil Output Rise In May As Nigeria, Iraq Lead Increase- Report

OPEC’s oil production saw a notable increase in May 2024, driven by higher exports from Nigeria and Iraq. According to a Reuters survey released on Tuesday, the Organisation of the Petroleum Exporting

Emmanuel Ochayi

6 months ago

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Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Saudi Issues Warning Of $50 Oil Price If OPEC+ Nations Fail To Comply

OPEC: Nigeria’s Oil Production Rises By 3.4% In August As Global Demand Outlook Adjusted

Nigeria’s Crude Oil Production Declines To 1.4mbpd In Q2 – NBS

Why Nigeria’s Economic Woes Are An Unforgivable Failure of Leadership, Governance

Nigeria’s Crude Oil Production Surges To 1.3mbpd In July

Nigeria’s Oil Prices Trades At $90 Amid Global Economic Shifts

NUPRC Extends Deadline For Oil Block Licencing Round

Nigeria’s Oil Production Drops To 1.2mbpd Despite Government Claims- OPEC

OPEC Sees Oil Output Rise In May As Nigeria, Iraq Lead Increase- Report

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