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 increased from -4M to 6.5M
12 minutes ago
United States. OPEC Crude oil Production UAE (Barrel). The value of the indicator has increased from 3.35M to 3.36M
Today at 5:46 PM
United States. Total Vehicle Sales. The value of the indicator has decreased from 16.4M to 15.3M
Today at 1:46 AM
United States. U.S. Baker Hughes Total Rig Count. The value of the indicator has decreased from 550 to 546
31 October
United States. U.S. Baker Hughes Oil Rig Count. The value of the indicator has decreased from 420 to 414
31 October
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. ISM Manufacturing PMI. The value of the indicator has decreased from 49.1 to 48.7
Yesterday at 3:00 PM
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 50
Yesterday at 9:00 AM
European Union. CPI (MoM). The value of the indicator has increased from 0.1% to 0.2%
31 October
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
30 October
All news

Forecasts

Silver sell
Period: 07.11.2025 Expectation: 2100 pips
Silver set to resume downtrend after correction
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
01 November 2025 87
Lyra_Moonwell1
S&P 500 buy
Period: 07.11.2025 Expectation: 1000 pips
S&P 500 builds support before resuming growth
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
01 November 2025 71
Emily_Foster
Brent sell
Period: 07.11.2025 Expectation: 250 pips
Brent crude is heading downward ahead of OPEC meeting
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
31 October 2025 71
Emily_Foster
AUDCAD buy
Period: 07.11.2025 Expectation: 750 pips
AUDCAD primed to test technical resistance one more time
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
31 October 2025 54
Lyra_Moonwell1
Natural gas buy
Period: 06.11.2025 Expectation: 250 pips
Invest in natural gas to capture $3.500 in growth amid soaring demand
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
30 October 2025 106
Lyra_Moonwell1
GBPUSD buy
Period: 30.11.2025 Expectation: 6400 pips
Buying GBPUSD amid stronger UK economic data
FA Other Chart analysis
30 October 2025 76
McCarthy_Raymond
Go to forecasts