Despite the deal by the Organization of Petroleum Exporting Countries, its allies (OPEC) and other top oil producers, in addition to the intervention of US President,...
Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and Venezuela, fighting...
Nigeria recorded a downtick in active drilling oil rigs to 13 in August after a record high of 16 in the month before. According to Baker...
Oil could be back to US$45 a barrel within 12 months, Citigroup’s commodities Chief Ed Morse said in an interview monitored by National Daily, noting that...
US Crude imports from Nigeria drops By 62% Oil prices grew more than 1 percent at the weekend as the Organization of Petroleum Exporting Countries, OPEC,...
There are indications that the Organization of Oil Exporting Countries (OPEC) may decide to raise oil output as soon as June due to worries over...
The production cuts by the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries, in addition to a slight fall in U.S. production led to rise...
OPEC have said that after long years of embarrassing low oil prices, the global oil market is moving closer to reaching a healthy balance between supply...
The Organization of Petroleum Exporting Countries (OPEC) has said that despite the campaign against petrol driven cars in developed countries, increased demand for cars in developing...
Oil prices surged steadied on Thursday, August 3, driven by signs of a tightening U.S. market but weighed down by ample supplies from OPEC producers. Benchmark Brent crude...
