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 | 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. API Weekly Crude Oil Stock. The value of the indicator has decreased from -2.48M to -4.8M
57 minutes ago
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 39.8K to 65.6K
5 December
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has increased from 544 to 549
5 December
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has increased from 407 to 413
5 December
United States. OPEC Crude oil Production UAE (Barrel). The value of the indicator has increased from 3.36M to 3.37M
4 December
Top news
Australia. RBA Interest Rate Decision. The value of the indicator remained at the same level of 3.6%
Today at 3:30 AM
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
5 December
United States. Core PCE Price Index (YoY). The value of the indicator has decreased from 2.9% to 2.8%
5 December
European Union. GDP (QoQ). The value of the indicator has increased from 0.2% to 0.3%
5 December
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.1% to 0%
4 December
All news

Forecasts

Tesla Inc sell
Period: 16.12.2025 Expectation: 2400 pips
Selling Tesla shares amid correction from local high
TA Other FA Other Technical analysis Indicators Fundamental analysis
Today at 10:08 AM 31
Lyra_Moonwell1
AUDUSD buy
Period: 19.12.2025 Expectation: 600 pips
AUDUSD on track to retest its 2025 high
Chart analysis Hot news Indicators
Today at 08:41 AM 33
Tom_Kern
BTCUSD sell
Period: 16.12.2025 Expectation: 4900 pips
Selling BTCUSD amid expectations of Fed hawkish comments
FA Other Technical analysis Hot news Indicators Fundamental analysis
Today at 06:37 AM 24
Emily_Foster
Gold buy
Period: 15.12.2025 Expectation: 16000 pips
Gold needs to cool off ahead of its next leg up
FA Other Technical analysis Chart analysis Indicators Fundamental analysis
Yesterday at 10:26 AM 108
Lyra_Moonwell1
Silver buy
Period: 19.12.2025 Expectation: 1000 pips
Silver poised to consolidate above $59 following correction
FA Other Chart analysis Indicators
Yesterday at 09:52 AM 53
Tom_Kern
S&P 500 sell
Period: 15.12.2025 Expectation: 1900 pips
S&P 500 rally faces key test before Fed meeting
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Yesterday at 06:27 AM 41
Emily_Foster
Go to forecasts