Bonny Light is viewed as Nigeria’s benchmark oil, yet Platts found that Qua Iboe exported an average of 9.9 million barrels of crude in 2016. Bonny Light exported 6.1 million barrels on average ...

The Nigerian currency has continued to surge against the dollar as the US greenback is at its lowest since 2022Data from the Central Bank of Nigeria (CBN) shows that the naira and the country’s FX ...

The Whistler reports that Bonny Light crude oil surged by 4.16%, reaching $78.62 per barrel as of January 8, up from $75.48 per barrel on December 31, 2024.

The grade is widely used by European and American refineries, which makes Bonny Light an important source of revenues for Nigeria. Normally, Shell exports around 230,000 bpd of Bonny Light crude ...

A pipeline leak has disrupted exports of one of Nigeria’s main crude grades, ... The Anglo-Dutch oil company’s Nigerian unit declared force majeure on Bonny Light oil exports as of 10 a.m ...

WARRI, Nigeria – Royal Dutch Shell's Nigeria subsidiary says it has lifted the force majeure imposed on Bonny Light crude oil exports a month ago. Company spokesman Joseph Obari says the force ...

LONDON (MarketWatch) -- Royal Dutch Shell PLC's Nigerian joint venture has called a force majeure on oil exports from the Bonny Light field in Nigeria in the ...

Nigeria’s crude oil grade Bonny Light, yesterday rose to $109.2 per barrel in the international market, after closing lower over the weekend. Available market statistics showed that Bonny Light ...

Nigeria’s crude oil Bonny Light surged to $87.86 per barrel in March 2024 from $85.65 per barrel in the previous month, according to the Organization of Petroleum Exporting Countries.

WARRI, Nigeria – Shell says it has lifted force majeure on the export of Nigeria's benchmark Bonny Light crude oil almost two months after militant attacks on a pipeline. Recent attacks ...