Dangote Refinery, Other Smaller Ones in Egypt, Algeria to Compete With Existing Refineries Dangote refinery with 600,000 barrels per day capacity alongside other smaller refineries coming...
Oil Price Drops Following OPEC+ Meeting Oil price extended its decline on Friday following OPEC+ meeting on Thursday. Brent crude oil, against which Nigerian oil is...
Nigeria’s Economic Productivity May Suffer With Rising Debt Servicing The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday said Nigeria’s rising cost of servicing debt...
OPEC Oil Output Drops to Over Two-Decade Low in June Crude oil sustained $42 per barrel price level following a recent survey conducted by Reuters that...
Crude Oil Rose Above $40 as Global Supply Drops on OPEC Plus Accord Global oil prices sustained bullish run on Monday as global supply remains contained...
Oil Prices Sustain Bullish Run As More OPEC Plus Members up Compliance Level Global oil prices sustained bullish run on Friday after OPEC and allies, known...
OPEC Plus Attains 87 Percent Compliance Level in the Month of May The Organisation of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC Plus,...
NNPC to Put an End to Crude Oil Sales Discounts by July 2020 The Federal Government through the Nigerian National Petroleum Corporation (NNPC) has set a...
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...