Tag: Libya, opec
Higher Libya production increases OPEC output in October
Caption:Oil Rig The increase in Oil production by Libya,has pushed up OPEC in October, driven by a surge from Libya according to a Reuters survey. This increased...
How Nigeria’s oil exploration slowed down in Sept
…. output dips to 1.324 mbpd due to divestment Caption:Oil industry rig Photo Nigeria’s crude oil exploration activities declined in September 2024, according to...
Dangote refinery big plus for Nigeria’s economy-OPEC
says refinery’s diesel, jet fuel supplies will disrupt Europe’s oil & gas industry The Organisation of Petroleum Exporting Countries, OPEC, has said that...
Oil prices drops to $80 per barrel in Asian trade
Photo:Oil barrels Oil prices edged down to $80 dollars in Asian trading on Tuesday after gains in the previous session, as markets remained cautious about global...
Amid rising crude oil prices,FG Targets 2.5 million BPD
Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days, crossing $84/barrel on Friday, after trading for an average of...
Oil prices fall amid demand fears
The prices of crude oil fell more than 2 per cent on Wednesday. Brent crude oil futures were down $2.02, or 2.22 per cent, to $88.90 a barrel at 1228 GMT, while...
Nigeria’s refining capacity drops to 6000 barrels per day
An indication of why Nigeria continue to import larger portion of it’s petroleum needs emerged Wednesday as data obtained from the Organisation of the...
Nigeria refining capacity drops to 6000 bpd says OPEC
An indication of why Nigeria continue to import larger portion of it’s petroleum needs emerged Wednesday as data obtained from the Organisation of the...
OPEC output falls on Saudi cut and Nigerian outage ~ Survey
OPEC oil output has fallen in July after Saudi Arabia made an additional voluntary cut as part of the OPEC+ producer group’s latest agreement to support...
Oil price falls to $88 per barrel
..OPEC considers output cut Brent, the global benchmark for crude, appreciated in price on Monday. This is as the Organisation of Petroleum Exporting Countries and its...
