Nigeria has recently adopted a new approach for transporting some of its oil, opting for small river vessels instead of…
Browsing: crude oil
In the most recent monthly report released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the nation’s average oil production…
Globally, subsidies, whether for food, transportation, energy or housing, are part of good governance. So, the issue is not subsidies…
Royal Dutch Shell on Wednesday established that it has declared “force majeure” on exports of Nigerian Forcados crude oil after…
The World Bank has established that Nigeria is not fully benefitting from the current oil boom. This was made known…
Oil prices are bullish in the Asian session today, as the worry of a potential coordinated release of crude reserves…
Crude oil prices reduces as the Organisation of the Petroleum Exporting Countries and its allies known as OPEC+ collaborates to…
China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record…
Selling above $75 dollar per barrel earlier this week, Nigeria’s Bonny Light crude yesterday, dropped to $68 per barrel on…
The price of automotive gas oil, better known as diesel, spiked to N290 per litre this week. The surge…