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Bonny Light

  • In the NewsMarketsOil & Gas

    Oil Prices Slide as Global Supply Fears Deepen and Output Rises

    by Oluwatosin Racheal Alabi November 6, 2025
    by Oluwatosin Racheal Alabi November 6, 2025

    KEY POINTS Oil prices fell on Wednesday as fresh signs of oversupply rekindled market fears of a global glut, dragging Brent crude below $64 per barrel and pushing West Texas …

  • In the News

    Bonny Light Holds at $66 as Optimism Builds Over Trump–Xi Trade Talks

    by Oluwatosin Racheal Alabi October 30, 2025
    by Oluwatosin Racheal Alabi October 30, 2025

    KEY POINTS Nigerian crude prices held firm on Wednesday as data showed that US oil and fuel inventories dropped more than expected, offering a fresh spark to global oil markets. …

  • MarketsOil & Gas

    Nigerian Crude Holds Steady at $67 as Trade Optimism Lifts Global Oil Markets

    by Oluwatosin Racheal Alabi October 13, 2025
    by Oluwatosin Racheal Alabi October 13, 2025

    KEY POINTS Nigeria’s Bonny Light crude held firm around $67 a barrel on Monday as a wave of renewed optimism swept through global oil markets, driven by hopes that the …

  • In the NewsOil & Gas

    Nigerian Crude Holds Above $71 as OPEC+ Signals Possible Output Increase

    by Oluwatosin Racheal Alabi September 4, 2025
    by Oluwatosin Racheal Alabi September 4, 2025

    KEY POINTS Despite indications of volatility in global markets ahead of a crucial OPEC+ meeting, Nigeria’s crude oil prices remained above the $71 per barrel mark in the middle of …

  • MarketsOil & Gas

    Nigeria’s Bonny Light Holds Near $70 as India Deepens Oil Purchases

    by Oluwatosin Racheal Alabi August 25, 2025
    by Oluwatosin Racheal Alabi August 25, 2025

    KEY POINTS This week, Nigeria’s flagship Bonny Light crude recovered from previous drops, hovering around $70 per barrel as Indian refiners increased their purchases and geopolitical tensions in Europe sparked …

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Nigeria’s Oil Boom: Record Production in September 2023

Ikeja Electric Revises Prepaid Meter Prices as New Tariffs Take Effect
Oil Holds Steady as Peace Talk Prospects Offset Fresh Sanctions Pressure

Latest Stories

Ikeja Electric Revises Prepaid Meter Prices as New Tariffs...
Oil Holds Steady as Peace Talk Prospects Offset Fresh...
NNPC–Heirs Energies Lift Nigeria’s Gas Output with Breakthrough OML...

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© 2025 Energy News Africa Plus. All Rights Reserved.