Nigerian crude

KEY POINTS Nigeria’s benchmark oil, Bonny Light, fell below $69 per barrel during the second trading session of the week. The drop in oil prices comes as escalating tensions between …

KEY POINTS Indian Oil Corp, the country’s largest refiner, has stepped back from its usual appetite for American crude, choosing instead to snap up barrels from Nigeria and the Middle …

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 …

KEY POINTS Far from the busy markets of London or New York, the flickering numbers on trading screens—Brent crude at $67.02 a barrel—tell a different story. That figure is more …

KEY POINTS Nigeria’s crude oil prices have remained relatively stable at $73 per barrel, despite a sharp drop in global benchmarks and increasing geopolitical tensions. This stability comes after a …

The Dangote Refinery is set to revolutionize Nigeria’s oil industry, creating a $21 billion annual market for Nigerian crude and boosting economic growth