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Latest Nigeria Crude Oil News

  • Oil markets: when is a fundamental a 'fundamental'? Some inconvenient geopolitical truths 7 Sep 2008 07:30 GMT
    ... up a large net long position in crude oil futures from 2004 onwards. Every scrap of geopolitical friction was ... $117/b while intractable conflicts in Iraq and Nigeria alongside exotic statements from Libya, all supposedly ...

  • Nigeria: Agoro Wants Yar'Adua to Imitate Gaddafi On Oil Windfall 7 Sep 2008 07:24 GMT
    ... Olapade Agoro, the National Chairman, Conference of Nigeria Political Parties, CNPP, has called on president ... scarcity, the federal government should make excess crude oil windfall to benefit Nigerians. According to him, Yar'Adua's government is ...

  • Nigeria: Resumption of Oil Exploration in the North [editorial] 7 Sep 2008 07:24 GMT
    ... Posted to the web 5 September 2008 Exploration for crude oil deposit in the Benue Trough and the Chad Basin areas of Northern Nigeria is set to resume this month. That is according to the Group Managing Director ...

  • Hoping for some relief at the pumps? Think again. 6 Sep 2008 07:35 GMT
    ... Gasoline price won't reflect sharp decline in crude oil, consultant says CALGARY - Motorists expecting the pump ... the country's emergency fuel reserves with high-quality light sweet crude from Nigeria, instead of with heavy crude from Canada ...

  • Crude Realities 6 Sep 2008 05:56 GMT
    ... pump is attributable to the cost of crude oil. And it’s the people, companies and countries that “own,” extract ... political instability in oil-producing countries, such as Nigeria, and hurricanes that knock out oil rigs ...

  • Nigeria: Citizens in SA Protest Okah Continued Detention 6 Sep 2008 05:56 GMT
    ... to the web 5 September 2008 SOME Nigerian citizens resident in South Africa yesterday reportedly ... the upper notch of the production of crude oil by displacing Nigeria due to the havoc Okahs arrest ...

  • SOUTH AFRICA/VENEZUELA: ALLIANCE PAVES WAY FOR OIL DEALS 6 Sep 2008 04:04 GMT
    ... is touted by Chvez as the largest crude oil reserve in the world, probably containing 1.2 trillion barrels of ... in Africa, which are Algeria, Libya and Nigeria -- the first African members of the ...

  • Is oil going back under $100 a barrel? 6 Sep 2008 03:01 GMT
    ... quotas by over-producing - usually Venezuela or Nigeria. After 25 years of trying to control ... hard landing in China does materialise, spot crude oil prices would likely fall well below $100 per barrel." For ...

  • Agoro wants Yar'Adua to imitate Gaddafi on oil windfall 6 Sep 2008 02:32 GMT
    ... Olapade Agoro, the National Chairman, Conference of Nigeria Political Parties, CNPP, has called on president ... scarcity, the federal government should make excess crude oil windfall to benefit Nigerians. According to him, Yar’Adua’s government is ...

  • Is oil going back under $100 a barrel? Not if Opec can help it 6 Sep 2008 02:08 GMT
    ... quotas by over-producing - usually Venezuela or Nigeria. After 25 years of trying to control ... hard landing in China does materialise, spot crude oil prices would likely fall well below $100 per barrel." For ...

  • Crude prices to weaken further unless Opec tightens taps 5 Sep 2008 23:12 GMT
    ... take any formal action. Officials from Ecuador, Nigeria and Libya have all said they did ... whether there is a need to cut crude oil production, but rather when, said David Kirsch, an analyst. ...

  • Gas prices won't reflect sharp decline in crude oil 5 Sep 2008 19:48 GMT
    ... Gasoline price won't reflect sharp decline in crude oil, consultant says CALGARY - Motorists expecting the pump ... the country's emergency fuel reserves with high-quality light sweet crude from Nigeria, instead of with heavy crude from Canada ...

  • Gas price won't drop as quickly as oil: expert 5 Sep 2008 19:34 GMT
    ... as suddenly as the headline cost of crude oil are likely riding for a disappointment, according to ... the country's emergency fuel reserves with high-quality light sweet crude from Nigeria, instead of with heavy crude from Canada ...

  • Pump price won't follow oil prices lower? 5 Sep 2008 18:39 GMT
    ... Gasoline price won't reflect sharp decline in crude oil, consultant says CALGARY - Motorists expecting the pump ... the country's emergency fuel reserves with high-quality light sweet crude from Nigeria, instead of with heavy crude from Canada ...

  • Oil Price Cycle Not Heading Downward 5 Sep 2008 16:52 GMT
    ... of the oil bubble? I wouldn't call crude oil's strength of the last few years as a bubble. ... such as problems in Iraq, instability in Nigeria, or Venezuela, or fears about Iran's nuclear ...


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