Crude Oil – Page 4 of 4 – Prime Business Africa

Oil Price Falls, Put Nigeria’s Fuel Cost Above N300 Per Litre

Crude oil price opened trading on Monday at a loss, falling -0.72%, but it level is still a problem to the Nigerian government, which has been unable to profit from the 52% surge year-to-date, compared to other members of the Organisation of

June 6, 2022

Business·News

Oil Price Rises, As OPEC Raises Nigeria’s Oil Quota After Russian Oil Ban

Crude oil price rose to $119.7 per barrel on Friday as the Organisation of Petroleum Exporting Countries (OPEC) raised Nigeria’s oil production quota, two years after the April 2020 increase, during the COVID-19 lockdown. OPEC agreed to up Nigeria’s quota to 1.8

June 3, 2022

Insights·Oil & Gas

Russia Oil Ban Hands Nigeria, Oil Thieves Opportunity To Increase Revenue

Ban on Russian oil from Europe has created an opening for oil thieves in Nigeria, Nigerian government and members of Organization of the Petroleum Exporting Countries (OPEC) and allies, OPEC+, to raise their oil revenue. European Union members had hit Russia’s production

June 2, 2022

Oil & Gas·Top Stories

ENI Terminal Blast Forces Down Oil Production By 25,000 Barrels Per Day

Parent company of Nigerian Agip Oil Company (NAOC), Eni, on Monday declared a Force Majeure – a legal clause in contracts which absolves firms from legal liabilities due to circumstances beyond their control – on expected oil output at its Brass terminal

March 14, 2022

News·Oil & Gas

Oil Price Gains 0.54%, Closes At $75

Brent Crude on Monday gained 0.54% to close at $74.5 per barrel, with WTI also recorded a 0.31% increase in price and Bonny Light growing 1.27% to close at $72.8 per barrel. However, Natural gas recorded a decline of 0.07% to close

July 27, 2021

News·Oil & Gas

‘PIB, a criminal document to enslave the Niger Delta people’

The Petroleum Industry Bill (PIB) is a criminal document put together by honourable thieves as a tool to plunder our land and resources and to further enslave the Niger Delta people. This is the position of the Niger Delta Congress in a

July 5, 2021

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Crude Oil - Page 4

Oil Price Falls, Put Nigeria’s Fuel Cost Above N300 Per Litre

Oil Price Rises, As OPEC Raises Nigeria’s Oil Quota After Russian Oil Ban

Russia Oil Ban Hands Nigeria, Oil Thieves Opportunity To Increase Revenue

ENI Terminal Blast Forces Down Oil Production By 25,000 Barrels Per Day

Oil Price Gains 0.54%, Closes At $75

‘PIB, a criminal document to enslave the Niger Delta people’

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