NNPC slashes Nigeria’s crude oil prices over supply glut

22 June 2015, Abuja – The Nigerian National Petroleum Corporation, NNPC, weekend, reduced the prices of Nigeria’s crude oil grades — Bonny Light and Qua Iboe — to their lowest points in over a decade. The decline, according to reports, was due to declining demand for the country’s crude oil in the international market. The action, […] More »