December 1, 2025/Cordros Update According to the National Bureau of Statistics (NBS), Nigeria’s economy grew by 3.98% y/y in Q3-25, down from 4.23% y/y in Q2-25. The growth outturn is 8bps higher than Cordros’ estimate (+3.90% y/y). Based on the GDP breakdown provided, the oil sector growth eased to 5.84% […]
OPINION/EDITORIAL
Oil Holds Gains, Natural Gas Rockets as OPEC+ Meeting Nears
November 28, 2025/Cordros Report Tom Kool Editor, Oilprice.com Crude oil is holding gains ahead of Sunday’s OPEC+ meeting, while U.S. natural gas prices have spiked on the news of a new U.S. LNG export record. Friday, November 28, 2025 As Russia-Ukraine peace talks drag on, dampening last week’s hopes that […]
Nigeria’s Crude Oil Production Rose Marginally Month-on-Month in October 2025
November 28, 2025/CSL Report The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has published its October 2025 Oil Production Status Report, showing a marginal 0.82% increase in crude oil output (excluding condensates) compared to September. Average daily crude production inched up to 1.40 million barrels per day (mbpd), from 1.39 mbpd […]
