U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...
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The Punch on MSNDomestic refiners tackle crude producers over zero allocationAccess to crude oil by domestic refiners, including modular refineries, has remained at a relatively zero level despite the ...
Crude oil inventories and gasoline stocks saw larger than expected builds last week, leading to a renewed sell off in oil ...
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The Punch on MSNOil-producing states battle N1.3tn despite N2.8tn derivation allocationOil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, ...
Crude gave up an early advance Thursday and turned lower as the dollar rallied and President Trump pledged to boost US oil production. Crude on Thursday initially moved higher after the US ...
US crude oil production in the week ending January 24 fell -1.8% w/w to 13.24 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes reported ...
The Federal Government has banned the export of crude oil meant to meet the needs of domestic refineries in the country, ...
(Bloomberg) -- Slowing US oil-production growth ... Chevron’s Harrison sees daily shipments increasing by “hundreds of thousands,” rather than millions. US crude-production growth plunged ...
The oil market has been in the spotlight over the past few days due to the US President Donald Trump’s tariff narrative.
A review of data published by the Organization of Petroleum Exporting Countries (OPEC), has shown that Nigeria’s daily crude oil production fell to 1.485 million barrels daily in December 2024.
Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission confirmed that Nigeria ...
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