Tag: Crude Oil

Sep 05
Nigerian Crude Sells for $71 per Barrel as OPEC+ Hints at Output Increase

Nigerian crude oil blends recorded a strong performance in international markets this week, with Bonny Light and Brass River trading above $71 per barrel during mid-week sessions. The price surge reflects sustained demand for Nigeria’s light, sweet crude, which remains attractive to refiners due to its low sulfur content and high yield of premium petroleum […]

Jun 08
Union Investment Drops Total Energies Over Human Rights Concerns in Uganda

Germany’s Union Investment has removed TotalEnergies from its sustainability funds following allegations of human rights abuses at the Kingfisher oil site in Uganda. The asset manager is calling for an independent audit of the East African Crude Oil Pipeline project.