crude oil

The Digest: Global crude oil prices have climbed to $68 per barrel, the highest level in four months, driven by escalating tensions between the United States and Iran. Brent crude rose 2.24% to $68.88, while U.S. West Texas Intermediate increased by 1.9% to $64.41. Reports indicate the U.S. is...

The Digest: The Nigerian National Petroleum Company Limited has announced that its upstream subsidiary, NNPC Exploration & Production Limited, achieved a record daily production of 335,000 barrels of oil on December 1, the highest output since 1989. The milestone reflects a 52% increase from...

The Digest: Nigeria's crude oil output declined to 1.58 million barrels per day in October 2025, reflecting a 1.86% decrease from September's production levels. According to NNPC's monthly report, the drop occurred despite significant financial gains, with the state oil company recording N447...