Oil prices fell sharply on Monday, with both Brent and US West Texas Intermediate (WTI) crude sliding over 2%

The Nigerian National Petroleum Company Limited (NNPCL) and the Nigerian Upstream Petroleum Regulatory Authority (NUPRA) say the country’s crude oil production

In October, Nigeria’s Crude Oil Production Hits 1.43 million bpd - OPEC The Organization of Petroleum Exporting Countries says Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024. This was revealed in the November 2024...

Nigeria’s Oil Export Earnings Decline to $12.1bn   Nigeria’s crude oil export earnings slumped to $12.1 billion in Q2, 2024 as against $12.4 billion in the preceding Q1, reflecting the decline in domestic crude oil production to 1.27 million barrels per day in Q2, 2024 from...

Affordable Fuel is Possible at Zero Subsidy By Aliyu U. Tilde I listened attentively to a panel of experts and stakeholders on the BBC program Ra’ayi Riga, anchored by Umaima Sani Abdulmumin. The program ended with a big doubt in my mind regarding a matter purported...

Oil Producers Not to Blame for Fuel Price Hike in Nigeria - OPEC The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has said that oil producers are not responsible for the hike in fuel prices in Nigeria. According to OPEC,...