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Nigerian crude oil crashes below $95/barrel as Hormuz reopens

Nigerian crude oil and major oil contracts crashed below $95 a barrel on Wednesday after Iran agreed to reopen the Strait of Hormuz, a vital route for 20 per cent of the world’s energy supply, for two weeks in exchange for a temporary ceasefire with the United States. Brent crude and WTI were also down […]

aadelekepdnlimited-com
8th April 2026
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Nigerian oil priced $2 above active brent contract

Nigerian crude oil blends, including Brass River, Bonny Light, and Qua Iboe, are approaching $80 per barrel, currently trading slightly above $77, which is over $2 higher than the active Brent contract. The recent conflict involving Iran-backed militias and Israel has shifted market dynamics, prompting concerns that could disrupt crude oil flows from the Middle […]

monwubukepdnlimited-com
3rd October 2024
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Tag: Nigerian crude oil

Nigerian crude oil crashes below $95/barrel as Hormuz reopens

Nigerian oil priced $2 above active brent contract

Meta expands subscription strategy with WhatsApp Plus trial

Dispatch rider killed by speeding NIPCO tanker in.

Tankers turn back as Hormuz crisis deepens shipping.

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