Nigeria’s Oil Output Drops to 1.43mbpd in August, Falls Below OPEC Quota
Nigeria’s crude oil production declined again in August 2025, reversing gains that had seen the country exceed its OPEC quota ...
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Tag: #EnergyNews
Nigeria’s Oil Output Rises to 1.546m bpd in July, Retains Africa’s Top Producer Spot — OPEC
Nigeria’s crude oil production rose to 1.546 million barrels per day (bpd) in July 2025, up from 1.505 million bpd ...
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Petrol Price Set to Drop Below N900 as Dangote Refinery Cuts Ex-Depot Rate
The pump price of petrol in Nigeria is projected to fall below N900 per litre following Dangote Petroleum Refinery’s decision ...
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Oil Prices Rebound 1% After Five-Day Slide Amid U.S. Demand Strength
Oil prices rebounded by around 1% on Thursday, snapping a five-day losing streak, as data indicated firm demand in the ...
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Oil Prices Rebound After Trump’s Tariff Threats on India’s Russian Crude Purchases
Oil prices climbed on Wednesday, recovering from a five-week low recorded the day before. The rebound follows heightened market concerns ...
Read moreOil Prices Slip Again as OPEC+ Output Hike Fuels Oversupply Fears
Oil prices edged lower on Tuesday amid growing concerns of oversupply, as OPEC+ proceeded with another significant output increase despite ...
Read moreOil Prices Climb Amid Trade Deal Optimism, Venezuelan Supply Concerns Linger
Oil prices edged higher on Friday, buoyed by optimism surrounding global trade talks, which boosted expectations for economic growth and ...
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Marketers Hold Off Pump Price Cut Despite Dangote Refinery’s Petrol Reduction
Despite the ex-depot petrol price reduction announced by Dangote Petroleum Refinery on Monday, many fuel marketers have refused to lower ...
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Oil Prices Dip on OPEC+ Output Hike Expectations, Tariff Concerns
Oil prices edged lower on Tuesday as traders reacted to expectations of a fresh OPEC+ output increase in August and ...
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