Tag: Crude oil

Nigeria’s oil export earnings decline sharply amid rising non-crude trade

Nigeria’s crude oil exports fell by N3.18 trillion in the first half of 2025, signaling ongoing production challenges…

Nigeria becomes net crude importer from U.S.

In an unprecedented development, Nigeria has, for the first time, imported more crude oil from the United States…

Nigeria experienced a marginal increase in crude oil production in November 2022.

In November 2022, Nigeria's average daily crude oil production increased marginally to 1.41 million barrels. This is supported…

Oil price surges to $127+ as U.S bans Russian crude

(Reuters) - Oil prices settled around 4% higher on Tuesday as the United States banned Russian oil imports…

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