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  • Published on May 16, 2025

    PINL Enhances Nigeria’s Crude Oil Output to 1.48m Bpd

    Blessing Ibunge in Port Harcourt The aggressive strategies deployed by pipeline surveillance contractors like Pipeline Infrastructure Nigeria Limited (PINL) in ensuring the safety of the Trans Niger Pipeline (TNP) across 215 communities in Niger Delta …

    Source: This Day - Pro-Government
  • Published on May 16, 2025

    Iran’s Oil Return Would Be Modest, Even With a Deal

    By Editorial Dept - May 16, 2025, 12:00 PM CDT In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit …

    Source: Oil Price - Neutral
  • Published on 02:25 GMT

    Another Week Of Oil Gains As Trump Claims Deal With Iran Is Within Reach

    However, analysts warn again of a supply glut and potentially lower demand: File Image/Pixabay Oil prices on Friday contributed to a second week of gains, but higher supply remained a significant concern for many analysts contemplating the possible …

    Source: Ship & Bunker - Neutral
  • Published on May 16, 2025

    NUPRC to Raise Nigeria’s Active Oil Rigs from 36 to 50 By End of 2025

    •Bloomberg Report: At $5.34bn, Nigeria tops Shell’s 2024 global oil tax payments  •Seplat predicts H1 revenue to dwarf full year 2024 $1.1bn Emmanuel Addeh and Sunday Aborisade in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has …

    Source: This Day - Pro-Government
  • Published on May 16, 2025

    Why Gold ETFs could be a smarter choice for Nigerians in 2025, than XAU/USD – Dublin-Green 

    Arnold Dublin-Green, Chief Investment Officer at Cordros Securities, believes Gold ETFs are a smarter and safer choice for Nigerian gold investors, especially in light of the country’s ongoing foreign exchange instability. Speaking on Nairametrics’ YouTube …

    Source: Nairametrics - Neutral
  • Published on May 16, 2025

    Why Nigeria’s Daily Crude Oil Production Rose To 1.48mbpd In April – Report 

    LAGOS  – Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported that Nigeria’s crude oil production rose to 1.48 million barrels per day (bpd) in April 2025, marking a modest increase from 1.40 million bpd recorded in March, 2025.  …

    Source: Daily Independent - Pending
  • Published on May 16, 2025

    OPEC cuts forecasts of rivals’ supply growth through 2026

    OPEC has revised down its forecasts for non-OPEC+ crude supply growth by 100,000 b/d in 2025 and 2026, it said in its monthly oil market report released May 14. It now estimates non-OPEC+ supply growth at 800,000 b/d in 2025 and 2026, with the bulk …

    Source: Hellenic Shipping News - Neutral
  • Published on May 15, 2025

    Nigeria’s oil output drops to 1.486m bpd in April – OPEC

    Nigeria’s crude oil production, including condensates, declined slightly to 1.486 million barrels per day (bpd) in April 2025 from 1.491 million bpd in March, according to the latest Monthly Oil Market Report (MOMR) released by the Organization of …

    Source: Business Hallmark - Neutral
  • Published on May 14, 2025

    OPEC revises down 2025 forecast for non-OPEC+ oil supply growth

    OPEC on Wednesday revised down its forecast for growth in oil supply from the United States and other producers outside the OPEC+ group for this year, citing expected lower capital spending following a drop in oil prices. Supply from countries outside the …

    Source: Profit by Pakistan Today - Neutral
  • Published on May 15, 2025

    Crude realities: Shaky balance in oil’s supply and demand shifts

    The first four months of the year have been turbulent for oil markets. Brent crude oil plunged by more than $12 per barrel ($/bbl) in the four trading days following April 2. This marked the 11th-worst four-trading-day price performance since 1990 and …

    Source: Hellenic Shipping News - Neutral
  • Published on May 15, 2025

    Ghana’s Mahama courts oil investors, pushes for aggressive crude oil extraction

    Ghana is urging investors to help boost oil production as the global push for decarbonization threatens to leave fossil fuel assets stranded. President John Mahama made the appeal during the Africa CEO Forum held on Tuesday in Abidjan, Ivory Coast. “Oil is …

    Source: Business Insider Africa - Neutral
  • Published on May 15, 2025

    Nigeria’s oil output falls to 1.486m bpd – OPEC

    Nigeria’s crude oil output, including condensate, dropped month-on-month, MoM, to 1.486 million barrels per day, bpd, in April 2025, from 1.401 million bpd in March 2025. The Organisation of Petroleum Exporting Countries, OPEC, disclosed this in its May …

    Source: OG TV - Public Broadcaster
  • Published on May 15, 2025

    U.S., Iran, deal weighs on Nigerian Crude, Obodo crude makes export debut

    Nigerian crude oil faced market pressure amid positive signs that Iran, a major oil producer, is ready to cut a deal with the world’s largest economy. Latest data showed Nigerian crude settled at about $68.34 on Tuesday, well below the Federal Government’s …

    Source: Nairametrics - Neutral
  • Published on May 15, 2025

    Global oil supply to rise faster than expected after OPEC+ hike, IEA says

    By Robert Harvey and Enes Tunagur LONDON (Reuters) -World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a …

    Source: Regional Media News - Iowa - Pending
  • Published on May 15, 2025

    Global crude oil market backwardation responsible for dropping oil prices and Cedi appreciation – Prince Ellis Antsroe

    The claims that the current dropping of the oil prices at the pump and the declining of the dollar against the Ghana Cedi is predominantly as a result of some extraordinary economic measures put in place by the President John Mahama-led administration are …

    Source: Joy FM - Indeterminate
  • Published on May 15, 2025

    Oil dives on US-Iran progress as stocks surge stalls

    Oil tumbled over 3% as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply on Thursday, while stocks markets took a well-earned breather following their weeks-long recovery from April's trade war meltdown. Brent …

    Source: Zawya - Indeterminate
  • Published on May 15, 2025

    Africa has manifestos but no dreams

    In the course of independence jumped into democracy. A new black elite took over the reign of n nations with Pan-nism on their lips not knowing the road to achieve the destiny nor the exact meaning of it. Dr. Kwame Nkrumah propagated the slogan: „ When the …

    Source: Modern Ghana - Neutral
  • Published on May 15, 2025

    BREAKING: Nigeria averages 1.486mbpd in April 2025 according to OPEC 

    Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd target set by the government. This is according to information in OPEC’s latest Monthly Oil Report for May 2025, published on the website of …

    Source: Nairametrics - Neutral
  • Published on May 15, 2025

    Oil dives on US-Iran hopes as stocks surge stalls

    LONDON - Oil tumbled nearly 4% as a potential U.S.-Iran nuclear deal raised the prospect of increased global crude supply on Thursday, while stocks markets took a well-earned breather following their weeks-long recovery run. Brent futures dropped over $2 …

    Source: Zawya - Indeterminate

03 days 00:47:30

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