Nigeria’s oil output experienced a decline in May, falling to 1.25 million barrels per day (mbpd) from April’s 1.28 mbpd, according to the Organisation of Petroleum Exporting Countries (OPEC). This drop follows a brief recovery period and raises concerns about the country’s oil production capacity. While OPEC reports 1.25 mbpd based on Nigerian authorities’ data, […]

On Tuesday, U.S. crude oil dropped over 1%, continuing a recent decline and wiping out most of its year-to-date gains following OPEC+’s decision to boost production from October. Both U.S. crude oil and global benchmark Brent reached four-month lows earlier in the day. This marks the fifth consecutive session of decline for U.S. crude, with […]

Phasellus vitae laoreet nunc. Aliquam erat volutpat. Aliquam erat volutpat. Praesent eget diam a mi bibendum sollicitudin et ut lectus. Incididunt ut labore et dolore magna aliqua. At eni ipsum nim dui veniam, quis nostrud dolor co laboris nisi ut aliquip ex ea comaody consequat duis aute irure dolor reprehenderit volupat Ut enim minim veniam […]

In tincidunt, odio dapibus malesuada venenatis, felis nibh bibendum sapien, sit amet convallis risus quam non nisl. Donec malesuada bibendum mattis. Incididunt ut labore et dolore magna aliqua. At eni ipsum nim dui veniam, quis nostrud dolor co laboris nisi ut aliquip ex ea comaody consequat duis aute irure dolor reprehenderit volupat Ut enim minim […]