The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

Nigeria has successfully reached its crude oil production target set by OPEC, according to a report from the NUPRC.

West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per ...

Nigeria has finally met the quota set for it by the Organisation of the Petroleum Exporting Countries, a report by the Nigerian Upstream Petroleum Regulatory Commission has shown.In January, Nigeria ...

The Organisation of Petroleum Exporting Countries (OPEC), says Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January.

According to the oil cartel’s direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 million recorded in December 2024, an increase of 54,000 barrels.

The stocks of oil majors Chevron (CVX), Exxon Mobil (XOM), and Occidental Petroleum (OXY) are up about 1% each after the ...

The report showed that Nigeria retained its position as the largest oil producer in Africa, surpassing Algeria, which ...

Nigeria’s crude oil production reached an average of 1.53 million barrels per day (bpd) in January, marking the first time the country has met the Organisation of Petroleum Exporting Countries (OPEC) ...

West Texas Intermediate (WTI) Oil price falls on Thursday, according to FXStreet data. WTI trades at $70.55 per barrel, down ...

Also in today’s newsletter, ByteDance’s US private equity-backed data centres and Thames Water’s sewage plants ...

Oil prices deepened their losses today, Feb. 12, after OPEC maintained its forecast for global oil demand growth this year, while economic data weighe ...