Tag: Crude oil

US President Donald Trump's announcement of a two-week ceasefire with Iran, contingent on Tehran's agreement to reopen the Strait of ...

The Food and Agriculture Organization (FAO) has warned that intensifying conflict in the Persian Gulf has triggered one of the ...

Nigeria is accelerating oil production by slashing approval timelines for well permits from several weeks to just hours, as global ...

Global crude oil prices have risen by 8.22% to $112 per barrel, driven by escalating tensions between the US and ...

Nigeria's crude oil production fell to 1.31 million barrels per day (bpd) in February 2026, a 10.69% decline from January's ...

Petrol prices rose across several filling stations in Lagos and Abuja on Saturday, a day after the Dangote refinery increased ...

The Crude Oil Refinery-owners Association of Nigeria (CORAN) has said modular refineries in the country can supply more than 10 ...

Petrol prices have risen sharply across Nigeria, placing fresh strain on households and businesses at a moment when inflation had ...

Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, supported largely by favourable oil prices, even as ...

Nigeria’s oil and gas industry is recalibrating operations as producers navigate global price volatility, regulatory reforms, and rising operational costs. ...