Fuel Prices May Drop As Crude Oil Falls Amid US, Iran Talks
Fuel prices may drop in the coming days if global crude oil prices continue to fall following ongoing peace talks between the...
Fuel prices may drop in the coming days if global crude oil prices continue to fall following ongoing peace talks between the...
The Nigerian National Petroleum Company Limited (NNPCL) has raised the official selling prices of all 37 Nigerian crude grades for May-loading cargoes...
The Joint Task Force (JTF) South-South, Operation Delta Safe (OPDS), has intercepted vessels carrying a large volume of suspected illegal crude oil....
Nigeria’s Bonny Light crude price fell sharply by 14.2 per cent to $94.41 per barrel from $110 recorded earlier in the week,...
The Nigerian National Petroleum Company Limited (NNPCL) has announced the successful export of a new crude oil grade, Cawthorne, in a move...
Global oil prices rose sharply on Tuesday, with major crude benchmarks hovering around the $100 mark, as geopolitical tensions in the Middle...
Human rights lawyer and activist Deji Adeyanju has claimed that individuals profiting illegal oil activities are compelling the Federal Government to terminate...
Iran has declared that it will not allow “a single litre of oil” to pass through the Strait of Hormuz for the...
Global crude oil prices surged to a two-year high of above $90 per barrel on Saturday, amid escalating tensions in the Middle...
Nigeria’s crude oil production increased to 1.459 million barrels per day in January 2026, reinforcing the country’s status as Africa’s largest oil...
Nigeria’s crude oil production, including condensate, declined sharply by 8.3 per cent year-on-year to 1.544 million barrels per day in December 2025,...
Nigeria earned about ₦12.81 trillion from crude oil exports in the third quarter of 2025, underscoring the continued dominance of the petroleum...
The President of Dangote Industries, Aliko Dangote, has stated that Nigeria has no business importing crude or refined petroleum products. The billionaire...
Nigeria has recorded a significant milestone in its oil industry, with crude oil output surpassing 1.7 million barrels per day on multiple...
Nigeria has recorded a crude oil production shortfall of about 93.74 million barrels between January and August 2025, raising serious concerns over...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, says the Federal Government is committed to ensuring that every barrel of...
Nigeria has reportedly emerged as the key supplier of crude oil to Senegal’s 30,000-barrels-per-day Dakar Refinery, despite Senegal’s entry into the league...
The Dangote Petroleum Refinery has suspended the sale of petrol in naira, unsettling oil marketers and raising fresh concerns about fuel pricing...
The Oyo State Government has debunked reports circulating on social media that crude oil was discovered in a well at Yemetu, Ibadan....
Nigeria’s crude oil output, excluding condensates, has risen by 11 per cent year-on-year to 1.559 million barrels per day (bpd) in July...