There are indications that the 2025 Federal Budget has come under funding pressures as the petroleum industry regulator, ...

The Nigerian crude price rose toward the Federal Government benchmark as drones targeted oilfields in Iraq for the fourth ...

The price of Nigerian crude oil inched closer to the Federal Government’s benchmark following renewed drone attacks on ...

At the height of the conflict, Nigeria’s crude oil blend, Bonny Light, was trading at $78.62 per barrel; the Saharan blend traded at $67.18, Girassol traded at $79.56, while the Arab Light ...

Sri Lanka’s interest in diversifying its oil supply portfolio by exploring crude imports from South Sudan may pose serious ...

As OPEC puts Nigeria's crude oil output at 1.547m/d. ·Oil price hovers at $69 per barrel. THERE were fresh fears over the execution of Nigeria's N54.99 trillion 2025 budget, ye ...

Crude futures rose on Friday, ... (SPDC), declared force majeure on Bonny Light crude oil exports on Thursday after shutting down two key pipelines in the country due to a leak and theft. ...

MRS filling stations, one of the key oil marketing firms in the downstream, have raised the pump price of Premium Motor Spirit (petrol) to N925/litre in Lagos, from N885/litre as crude oil prices ...

Dangote Petroleum Refinery, yesterday, slashed the depot price of Premium Motor Spirit, also known as petrol to N820 per litre from N838 per litre as competition heightens in Nigeria’s domestic market ...