Nigeria has recorded its highest crude oil production in 11 months, hitting 1.70 million barrels per day in May 2026. According to data released recently by the Nigerian Upstream Petroleum Regulatory Commission…
Tag: Crude
Crude Hits $100+ as Fuel Tops ₦1,000/L in Nigeria
Global crude oil prices surged above $100 per barrel as of Monday morning as Premium Motor Spirit, PMS, surpassed N1,000 per liter in Nigeria. Brent and West Texas Intermediate crude blends surged…
Tinubu Shakes Up Oil Industry, Declares CBN to Take Over Crude Sales from NNPC
VOICE AIR MEDIA, News Update President Bola Tinubu has approved the handing over by the Nigeria National Petroleum Company Ltd (NNPCL) of revenue from sales of crude oil to the Central Bank…
Marketers Eye Fresh Fuel Price Hike As Crude Hits New Price
Voice Air Media THE rise in the cost of crude oil, coupled with the depreciation of the naira against the United States dollar, might lead to a hike in the pump price…