Saturday, January 20, 2018
Tags Posts tagged with "Organisation of Petroleum Exporting Countries (OPEC)"

Tag: Organisation of Petroleum Exporting Countries (OPEC)

Oil prices hit highest, climbs $69.10/barrel

Oil prices hit their highest levels since 2014 on Wednesday, January 10, due to ongoing production cuts led by OPEC as well as healthy...

Implication for Nigeria as OPEC extends oil cap

By Odunewu Segun The Organisation of Petroleum Exporting Countries (OPEC) decision to cap Nigeria’s crude oil is expected to help improve Nigeria’s forex inflow from...

Oil prices falls on US outputs as OPEC extends limits

  Oil prices fell on Monday, with U.S. crude easing from two-year highs on prospects of higher output, but losses were limited before an OPEC...

Kachikwu wins big for Nigeria at OPEC summit

The Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC Ministerial Monitoring Committee, JMMC, on Friday extended the exemption granted Nigeria over the output cut imposed on...

Nigerian crude waits for buyers

Nigerian crude for August loading is proving slow to find buyers amid rising supply, Reuters quoting oil trading sources has reported. Reuters said the supply...

OPEC now relies on Nigeria, Libya to balance oil supply

A monthly report by the Organisation of Oil Producing and Exporting Countries has revealed that the rebound in output from Nigeria and Libya has...

OPEC to legalise oil cut with non-OPEC – Barkindo

Following the success of the second joint Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC meetings, the two organisation are presently looking into legalising...

Iraq replaces Saudi as top oil supplier to India

Iraq replaced Saudi Arabia as top crude supplier to India in April as refiners moved to boost their processing margins by purchasing the cheaper...

Nigeria’s economy remains in crisis zone as oil production drops

By Odunewu Segun Following the drop in Nigeria’s total oil production, the International Monetary Fund (IMF) has said that despite relative stability in the price...

Angola overtakes Nigeria again as Africa’s top oil producer

By Odunewu Segun Angola has again overtook Nigeria as Africa’s top oil producer following Nigeria’s oil production decline by 156,000 March, 2017, National Daily has...
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