Global oil markets surged on Monday after coordinated US and Israeli airstrikes on Iran intensified geopolitical tensions across the Middle
Saudi Aramco’s third-quarter net profit fell 2.3% to $26.94 billion, down from $27.56 billion a year earlier, as lower crude
Nigeria’s Bonny Light crude oil price fell to an average of $66.2 per barrel in October 2025, down 6% month-on-month
Managing Director of NNPC Trading Limited, Maryamu Idris, has been appointed as OPEC’s National Representative for Nigeria. In her new
Nigeria’s oil production soared beyond 1.8 million barrels per day (bpd) in July, exceeding its OPEC quota of 1.5 million
OPEC+ has announced a larger-than-expected oil production increase for August 2025, further raising its output by 548,000 barrels per day
Oil prices stabilized near their lowest levels since early June 2025, with Brent crude trading below $67 per barrel and
The International Energy Agency (IEA) has revised its 2025 global oil demand growth forecast downward by 21,000 barrels per day
Oil prices are declining ahead of the meeting of the Organization of the Petroleum Exporting Countries and its allies, collectively
The OPEC+ coalition has decided to significantly boost oil production, agreeing to increase output by 411,000 barrels per day (bpd)
The OPEC Daily Basket Price climbed to $75.96 per barrel on Tuesday, up from $75.74 the previous day, as reported
Dangote’s refinery has ignited a price war in Nigeria’s downstream oil industry, forcing oil marketers to compete aggressively for price-sensitive
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