Nigeria Crude Swap Plan Aims to Cut Refiners’ Costs
Nigeria's upstream regulator NUPRC is consulting producers and refiners on a crude swap framework intended to strip haulage costs out...
August 17, 2026Topic
crude oil
NNPC Profit Falls 35% to About US$1.7 Billion in First Half
NNPC profit fell 35.4% to N2.28 trillion, about US$1.7 billion, in the first half of 2026, with Federation Account remittances...
August 4, 2026
Ghana Fuel Prices Jump as Oil Hits US$89 and Cedi Weakens
Ghana petrol and diesel prices are set to rise sharply from August 1, 2026, driven by a weaker cedi and...
July 31, 2026
Dangote Refinery Slowdown Hits Europe Jet Fuel Supply
Dangote Refinery slowdown slashes gasoline output from 81,000 bpd to 10,000 bpd, cutting 20% of Europe’s jet fuel imports and...
July 23, 2026
Nigeria’s Oil Production Hits a 74-Month High, Beating Its OPEC Quota
Nigeria oil production hit 1.735 million barrels a day in June 2026 - a 74-month high at 104% of its...
July 13, 2026
OPEC+ Pumps More Oil, Testing Africa’s Petro-States
OPEC production increase: 188,000 bpd more from August, the fifth straight hike - pressure on the oil prices Nigeria, Angola...
July 6, 2026
The Oil Dividend: How a Falling Oil Price Redraws Inflation
A crude price sliding from around one hundred dollars toward seventy is quietly redrawing the world inflation map, easing importers...
July 2, 2026
Angola’s Oil Export Revenue Falls 22% to $24.4 Billion in 2025
Angola oil exports earned $24.4 billion in 2025, down 22% as crude prices fell to $68.4 a barrel, renewing pressure...
June 13, 2026
LatAm Pre-Open: Wednesday’s Stall Confirms Tuesday Was a Peak, Argentine Banks Cycle Again
Wednesday's session stalled on a near-flat S&P close as the VIX collapsed without fresh buying, sector leadership flipped to defensives,...
May 28, 2026