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. Crude Oil Inventories. The value of the indicator has decreased from 2.998M to -1.692M
15 July
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -0.052M to 0.43M
15 July
United States. API Weekly Crude Oil Stock. The value of the indicator has increased from -0.399M to -0.056M
14 July
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 110.5K to 75.7K
10 July
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator remained at the same level of 445
10 July
Top news
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
15 July
United States. CPI (YoY). The value of the indicator has decreased from 4.2% to 3.5%
14 July
All news

Forecasts

NVIDIA Corporation buy
Period: 05.09.2026 Expectation: 2300 pips
Buying NVIDIA amid strong computing demand
Indicators and reports FA Other Hot news Chart analysis
Today at 08:55 AM 13
Sinclair_John
Gold buy
Period: 31.12.2026 Expectation: 4600 pips
Go long on gold with $4,500 in view
TA Other FA Other
Today at 06:28 AM 19
McCarthy_Raymond
S&P 500 buy
Period: 31.10.2026 Expectation: 1100 pips
Invest in SPX from $7,530
TA Other FA Other
Today at 06:28 AM 10
Bruce_Powers
USDCAD buy
Period: 05.09.2026 Expectation: 550 pips
Invest in USDCAD with 1.41250 target
Indicators and reports FA Other Hot news Chart analysis
Today at 06:17 AM 12
Reed_Marcus
BTCUSD buy
Period: 04.09.2026 Expectation: 3400 pips
Buy Bitcoin with $67,000 target
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 10:15 AM 32
Reed_Marcus
AUDUSD sell
Period: 04.09.2026 Expectation: 900 pips
Selling AUDUSD down to 0.69250
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 08:52 AM 33
Sinclair_John
Go to forecasts