Tag: oil
Browse our exclusive articles!
Nigeria Oil Output Climbs to 1.38mbpd in March, Still Below OPEC Target
Nigeria’s crude oil production recorded a modest increase in March 2026, rising to 1.38 million barrels per day, according to the latest report from...
Oil Surges Above $100 as Hormuz Blockade Threat Shakes Global Markets
Global crude prices jumped sharply on Monday after the United States announced plans to block shipping through the Strait of Hormuz, a key route...
Oil Prices Slide Below $95 as US-Iran Truce Eases Global Supply Fears
Crude oil prices tumbled on Wednesday, with Nigerian grades falling below $95 per barrel after Iran agreed to reopen the Strait of Hormuz as...
Oil Prices Spike Above $107 as US Signals Escalation in Iran Conflict
Global oil markets rallied sharply on Thursday after the United States signaled a prolonged military campaign against Iran, triggering fresh fears of supply disruptions...
Nigeria’s Oil Earnings Drop to $31.5bn Amid Gas Boom
Nigeria recorded $31.54 billion in crude oil exports in 2025, down from the previous year despite higher production, according to data from the Central...
