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Featured: Latest Nigerian News
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Nigeria Nigeria's Oil Revenue Faces a Major Hit as Global Prices Sink
Global oil prices have dropped to their lowest in nearly four years, with Brent crude falling to $59.62 per barrel. This decline, triggered by new tariffs from the US and increased OPEC production, threatens Nigeria’s oil revenue, which is crucial for the country’s fiscal health and budget...- Nigeria News
- Article
- 2 min read
- brent crude global oil prices nigeria oil revenue oil price drop us-china tariff war
- Category: Business
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Nigeria Oil Prices Plunge to $65 as Trade War and OPEC Decisions Take Toll
Oil prices fell sharply to $65 per barrel, the lowest since April 2021, due to escalating trade tensions and new tariffs imposed by China on U.S. goods. This drop coincided with OPEC's decision to increase oil output by 411,000 barrels per day, impacting global markets and Nigeria’s budget. Oil...- Nigeria News
- Article
- 2 min read
- brent crude global oil market oil price fall opec output hike trade tensions us tariffs
- Category: Business
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