Tag: Nigeria oil exports

Oil Prices Today: Brent Crude Drops 3% as Middle East Ceasefire Eases Hormuz Fears

Business Damilola Bayonle -
Oil prices fell sharply on Thursday after investors reacted to signs of easing tensions in the Middle East, raising...

UK shields Nigeria from stricter Russian fuel sanctions as energy markets face supply risks

Business Damilola Bayonle -
UK Exempts Nigeria From Tougher Russian Fuel Sanctions Amid Energy Security Concerns The United Kingdom has exempted Nigeria from stricter...

Nigeria imports US crude despite exporting oil amid refinery supply crisis

Business Damilola Bayonle -
Nigeria imports US crude despite exporting over 300 million barrels of oil Nigeria imported approximately 61.7 million barrels of crude...

Nigeria exports hits milestone with 950,000 barrels of new Cawthorne crude blend

News Damilola Bayonle -
Nigeria exports 950,000 barrels of Cawthorne crude blend Nigeria has recorded a significant breakthrough in its upstream oil sector with...

Europe turns to Dangote refinery as jet fuel crisis drives global supply scramble

Business Damilola Bayonle -
Europe taps Dangote Refinery amid deepening jet fuel crisis A deepening global aviation fuel shortage has forced Europe to look...

OPEC+ raises oil quotas amid Middle East tension as Strait of Hormuz risks rattle global markets

Business Damilola Bayonle -
OPEC+ raises oil quotas amid Middle East tension as markets brace for volatility Global crude markets are on edge after...

Nigeria crude supply to Senegal refinery strengthens regional energy ties

Business Damilola Bayonle -
Nigeria has solidified its position as a critical energy player in West Africa, emerging as the main supplier of...

OPEC Lowers Global Oil Demand Forecast Amid Rising US Tariffs

Damilola Bayonle -
The Organization of the Petroleum Exporting Countries (OPEC) has revised its global oil demand growth forecast downward, citing escalating...