January 5, 2026 By Blaise Udunze As the new economic year begins in Nigeria, statements and policies emanating from government officials’ corridors project cautious optimism. One of the official narratives that expresses renewal of hope and confidence is the projection from the Central Bank of Nigeria (CBN) that the economy […]
OPINION/EDITORIAL
Nigeria’s Oil Production Output Remains Below OPEC Quota in November
January 2, 2026/CSL Update The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released its November 2025 oil production report. Total oil production averaged 1.6mbpd in November, comprising 1.44mbpd of crude oil and 163,049bpd of condensates, representing a 6% year-on-year decline from 1.7mbpd recorded in November 2024. The y/y weakness was […]
Oil Awaits a Catalyst as Brent Treads Water
January 2, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Another setback in Russia–Ukraine peace talks and persistent tensions around Venezuela failed to jolt oil markets out of their New Year’s lull. Friday, January 2, 2026 Another round of failed Russia-Ukraine peace talks and continued tensions around Venezuela have failed to wake oil […]
