Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent.Data obtained from the ...

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.

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 Organisation of Petroleum Exporting Countries (OPEC) has announced that Nigeria’s crude oil production has significantly ...

In December 2024, Nigeria's crude oil production reached 1.5 million barrels per day (bpd), marking the first time it met its ...

Nigeria's oil production slightly increased in January, meeting its OPEC quota. However, challenges like oil theft continues to ...

IEA Slightly Lifts Oil Demand Outlook, Says Supply Surplus Narrowing The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with output ...

Oil Market Report of the Organisation of Petroleum Exporting Countries (OPEC) has shown that Nigeria’s crude oil ...

Nigeria has, for the first time, met the Organisation of Petroleum Exporting Countries’ (OPEC) crude oil production quota of 1.5 million barrels per day ...

Nigeria’s crude oil production reached an average of 1.53 million barrels per day (bpd) in January, marking the first time ...

The IEA’s monthly report highlighted that U.S. sanctions on both Russia and Iran had caused market turbulence at the start of ...