Dangote Refinery Rejects Claim It Turned Down 15.5m Barrels of Nigerian Crude
Dangote Petroleum Refinery has challenged claims that it rejected 15.5 million barrels of crude oil offered by local producers in ...
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Tag: #CrudeOil
Oil Prices Rise as Strait of Hormuz Concerns Return
Oil prices extended gains on Friday as concerns over the reopening of the Strait of Hormuz intensified after Iran, in ...
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Oil Prices Rise as Iran Talks, Red Sea Attacks Renew Supply Concerns
Oil prices rose on Thursday as investors remained cautious over the outcome of diplomatic talks between Iran and Oman and ...
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Indian Refiners Buy 5 Million Barrels of Crude Oil in Fresh Supply Deals
Indian refiners have secured a combined 5 million barrels of crude oil through separate purchase deals, according to trade sources. ...
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Nigeria’s Crude Oil Export Earnings Fall 14.4% to $31.54bn – CBN
The Federal Government’s crude oil export earnings fell by 14.41 per cent to $31.54 billion in 2025, down from $36.85 ...
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Oil Prices Jump Nearly 4% After Middle East Strikes Escalate Tensions
Oil prices climbed by more than $3 per barrel on Wednesday as renewed military tensions in the Middle East heightened ...
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Nigeria Imports Libyan Crude for First Time as Dangote Refinery Expands Feedstock Sources
Nigeria has imported crude oil from Libya for the first time on record, as the Dangote Petroleum Refinery continues to ...
Read moreNigeria’s Crude Oil Exports Hit N20.22tn in Five Months Despite Lower Volumes
Nigeria exported an estimated 148.9 million barrels of crude oil worth approximately N20.22tn ($14.66bn) in the first five months of ...
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Nigeria Crude Oil Output Surpasses OPEC Quota, Hits 15-Month High in May 2026
Nigeria’s crude oil production rose above its Organisation of the Petroleum Exporting Countries (OPEC) quota in May 2026, reaching its ...
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OPEC+ Plans Gradual Oil Output Increases as It Moves to Fully Restore 2023 Production Cuts
Key members of OPEC+ are planning to continue a series of gradual oil production quota increases in the coming months, ...
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