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crude oil price

Oil and Gas

Nigeria meets OPEC’s 1.5million bpd crude oil quota in July

NIGERIA's crude oil production increased to 1.507 million barrels per day (bpd) in July 2025, surpassing the Organisation of...
Ehime ALEX -
Oil and Gas

Oil drops to $67.66/barrel on Israel-Iran ceasefire below Nigeria’s benchmark

CRUDE oil price tumbled to $67.66 per barrel on Tuesday, June 24, after Israel and Iran reportedly agreed to...
Ehime ALEX -
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Business and Economy

Crude oil price rises over 7% after Israel attacks Iran

GLOBAL oil prices jumped over 7 per cent for the first time in over four months on Friday, June...
Ehime ALEX -
Oil and Gas

Why NNPC resumed oil drilling in Borno

THE Federal Government has explained that the recent resumption of oil drilling in Borno and other basins is aimed...
Theophilus ADEDOKUN -
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Featured News

Despite 72 percent fall in global average crude oil price, FG slashes petrol price for Nigerians by just 13 percent

ORGANIZATION of the Petroleum Exporting Countries (OPEC) basket has shown that the average price of crude oil has fallen...
Paul Owolabi -

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