Oil Prices Dropped After Saudi Arabia Said it Won’t Cut Additional 1.8mbpd in July Oil prices dipped on Tuesday following seven consecutive days of bullish runs....
Crude Oil Hits $43.1 Per Barrel Following OPEC’s Production Cuts Extension Brent crude oil, against which Nigerian oil price is measured, rose by 1.25 percent on...
OPEC+ Extends 9.7million bpd Production Cuts to July Ending OPEC and allies, known as OPEC Plus, have finally agreed to extend the 9.7 million barrels per...
Brent Crude Oil Rises Above $41 Ahead of OPEC Plus Meeting on Saturday Brent Crude oil, against which Nigerian crude oil is priced, rose by 6.2...
Oilfield Bid Round: FG May Generate N3.17bn From Fees The Federal Government may generate at least N3.17bn from the payment of fees for the marginal fields...
Oil Drops on U.S. Inventories and Doubts Over Output Cuts Oil prices dropped on Thursday on doubts over the ability of crude producers to agree to...
Crude Oil Pullback Amid Rising Doubt Over OPEC+ Meeting Crude oil pulled back on Wednesday during the Asian trading session following a report published by Bloomberg...
FG Offers 57 Marginal Oil Fields for Grab To further enhance Nigeria’s oil and gas sector, the Federal Government through the Department of Petroleum Resources (DPR)...
Crude Oil Rises to Three Months High Ahead of Cuts Extension Oil prices hit a three month high on Tuesday during the Asian trading session as...
Nigeria Struggling to Comply With OPEC Quota, Scores 19% Compliance Level Nigeria, Africa’s largest oil producer, continues to struggle with production cut in May, according to...