Tag Archives: Nigeria

EIA’s forecast for 2018. in contrast. increased compared to the previous outlook. when it was at 40.2 million barrels per day.

The price of OPEC basket of 13 crudes stood at $53.13 a barrel on Apr. 10 compared to $52.91 on Apr. 7.

Oil prices are rising on April 7.

Iran’s oil output is 976.000 b/d more than the 2015 average.

India'.s oil imports from Iran rose nearly 17% in February from a month earlier.

India'.s February oil imports from Saudi Arabia and Iraq were nearly a third lower than the same month a year ago.

Saudi Arabia. nevertheless. still remains India’s top supplier

Shell is the largest deepwater producer among the world'.s top publicly traded oil companies.

Iran’s exports of oil stood at 2.35 million bpd before the sanctions were imposed against the country in 2011.

The oil market needed every barrel which cut-exempt Iran. Libya and Nigeria could produce.