Nigeria to introduce new crude grade ‘Obodo’ in April
Nigeria is set to introduce a new medium sweet crude grade, Obodo in April 2024, as ...
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Tag: Crude oil
NNPCL, Dangote to renew naira-for-crude deal
The Nigerian National Petroleum Company Limited has dismissed reports alleging the termination of its Naira-for-Crude agreement ...
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Nigeria’s crude oil production hits 2.24m barrels per day – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has confirmed that the country’s technical potential for crude oil ...
Read moreOil prices rise slightly amid optimism from China
Oil prices saw modest gains in light holiday trading on Thursday, supported by optimism about potential ...
Read moreCrude prices drop as dollar strengthens
Oil prices extended their decline on Thursday, driven by a stronger dollar and reduced crude imports ...
Read moreOil prices surge over $1 amid escalating Middle-East tensions
Oil prices surged over a dollar in early trading today amid rising concerns about potential disruptions ...
Read moreICYMI: Spanish firm wins tenders for Nigeria’s new crude oil
Spanish oil firm, Repsol has won the tender for the first shipment of 950,000 barrels of ...
Read more16 missing as oil tanker capsizes off Oman coast
At least 16 crew have been declared missing after a Comorian-flagged oil tanker capsized off Oman ...
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Oil prices drop ahead of OPEC+ meeting
Crude oil continued its downward trend for the third consecutive day, with a key market indicator ...
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Crude oil reserves hit 37.50 billion barrels – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission has said Nigeria’s crude oil reserves rose from the 36.96 ...
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