Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
19 March 2025 | Oil

OilPrice: Nigeria's oil production hit by pipeline accident

Brent
WTI Light Crude Oil
OilPrice: Nigeria's oil production hit by pipeline accident

An accident occurred on one of Nigeria's key Trans-Niger oil pipelines on Monday evening, according to OilPrice.

The incident comes at a time when Nigeria has been working to ramp up its oil production. The West African country has struggled for years to meet its OPEC+ quota due to delays in launching new facilities and a rise in fuel theft. OilPrice experts suggest these factors may have contributed to the incident. Nigerian authorities have yet to provide an official comment.

The Trans-Niger pipeline, operated by Shell, has a capacity of approximately 450,000 barrels per day, as reported by Reuters. The accident could disrupt oil transportation volumes along this critical route.

Elena Dorokhina MarketCheese

Recommended

United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from -0.801M to -1.606M
Yesterday at 2:30 PM
United States. Crude Oil Inventories. The value of the indicator has decreased from -7.227M to -8.263M
Yesterday at 2:30 PM
United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -9.119M to -8.33M
16 June
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 155.9K to 130.3K
12 June
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 563 to 562
12 June
Top news
Switzerland. SNB Interest Rate Decision. The value of the indicator remained at the same level of 0%
26 minutes ago
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
Yesterday at 6:00 PM
United States. Retail Sales (MoM). The value of the indicator has increased from 0.4% to 0.9%
Yesterday at 12:30 PM
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.1%
Yesterday at 9:01 AM
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 4.35%
16 June
All news

Forecasts

Gold sell
Period: 25.06.2026 Expectation: 2100 pips
Sell gold with $4,110 in sight as Fed stays hawkish
Indicators and reports Technical analysis Hot news Indicators Fundamental analysis
Today at 06:40 AM 11
Emily_Foster
USDJPY buy
Period: 30.06.2026 Expectation: 400 pips
Покупка USDJPY до уровня 160,00
TA Other FA Other
Today at 05:26 AM 25
Bruce_Powers
S&P 500 buy
Period: 31.12.2026 Expectation: 1800 pips
Invest in SPX with $7,700 in view
TA Other FA Other
Today at 04:47 AM 8
Bruce_Powers
Brent buy
Period: 30.06.2026 Expectation: 1500 pips
Buying Brent crude from $72.5 per barrel
TA Other FA Other
Today at 04:47 AM 10
Bruce_Powers
USDCAD buy
Period: 24.06.2026 Expectation: 720 pips
USDCAD shows signs of continued rally after exiting overbought territory
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Yesterday at 12:00 PM 22
Lyra_Moonwell1
EURUSD buy
Period: 24.06.2026 Expectation: 750 pips
Buying EURUSD ahead of Fed rate decision
FA Other Indicators and reports Hot news Chart analysis
Yesterday at 10:44 AM 24
Sinclair_John
Go to forecasts