Skip to content

Nigeria’s Crude Oil Production in 2026: How Far Below OPEC Quota, and Why

Nigeria's Crude Oil Production in 2026 How Far Below OPEC Quota, and Why

Last updated: September 28, 2026 Summary: Meeting OPEC’s Quota While Missing the Government’s Own Budget Nigeria’s oil production data in 2026 tells two different stories depending on which number you compare it against. Against its OPEC quota, the country has been a consistent performer for months. Against its own federal budget assumptions, it has fallen … Read more

Dangote Says Kenya Court Order Won’t Stop Wednesday’s Refinery Groundbreaking

Dangote Says Kenya Court Order Won't Stop Wednesday's Refinery Groundbreaking, But Site Work May Be Limited

Dangote Says Kenya Court Order Won’t Stop Wednesday’s Refinery Groundbreaking, But Site Work May Be Limited Dangote Group said Monday that a Kenyan court ruling over disputed land in Lamu will not derail Wednesday’s planned groundbreaking ceremony for its proposed 700,000 barrel-per-day refinery, even though the order does restrict what can happen on part of … Read more

Crude Oil Erases Early Rally After Report of Possible Sanctions Relief for Iran

Crude Oil Erases Early Rally After Report of Possible Sanctions Relief for Iran

Crude oil and gasoline gave up a sharp early advance on Monday and finished the session mixed, in a reminder of just how quickly sentiment in this market can flip on a single headline out of Washington. Prices jumped hard early in the day after hopes faded for a quick breakthrough that would reopen the … Read more