Tags OPEC

Tag: OPEC

Nigeria’s daily oil production hits 1.57 million barrels

Nigeria produced 1.57 million barrels per day last month, a 30,000 bpd rise from February, and 70,000 bpd above its quota.

Oil price may fall to $10 a barrel as world runs out of storage space

Facilities thought to be 75% full with Saudi Arabia due to ramp up output as demand falters amid coronavirus shutdowns

Russia blames Gulf nations for oil crash – TASS

Russia did not seek an end to cooperation with OPEC or a sharp drop in oil prices, a senior Russian official told...

Oil price sinks to $24, lowest in 17 years

’Femi Asu The price of Brent crude, the international benchmark, tumbled on Wednesday to the...

Oil crash: Nigeria may lose $8.63bn in six months

Nigeria could lose about $8.63bn to the crude price crash as Goldman Sachs in a report predicted that oil price would stay near $30 per barrel in the next six months, amid Saudi Arabia-Russia price war.

Most Read

Gunmen invade palace, kidnap Ekiti monarch

the gunmen accessed the palace at about 8.30pm by scaling the fence before they began to shoot sporadically to scare the occupants.

London trip: President Buhari now re-energised- APC

“Mr president is undoubtedly re-energised and recommitted to executing the lofty developmental objectives of the APC-led administration,”

Ramadan: Kano Hisbah arrests three males, eight females for not fasting

We will investigate and if they have cogent reasons we will release them. Those found wanting will however be enlightened and even prosecuted if need be,”

1.05m persons vaccinated with with 1st dose of covid vaccine in Nigeria

A breakdown of the NPHCDA update contained in an Electronic Management of Immunisation Data, EMID, System, showed that Lagos remains ahead in the exercise with 193,794 persons vaccinated.