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Tag "OPEC"

Oily questions Osinbajo must answer before signing 2017 budget

    Oily questions Osinbajo must answer before signing 2017 budget

There will be only one 2017 in the Gregorian calendar, and in effect, we can only have one 2017 in the entire human history. Nigeria will never have a chance

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OPEC may ask Nigeria to cut oil production, Iraqi minister signals

    OPEC may ask Nigeria to cut oil production, Iraqi minister signals

Jabar Ali al-Luaibi, Iraq’s oil minister, has signalled that Nigeria and Libya may be asked to cut oil productions in the new supply cut deal to be reached by the

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Oil jumps to $52 as Saudi, Russia agree to extend deal till 2018

    Oil jumps to $52 as Saudi, Russia agree to extend deal till 2018

Oil prices began the week on a positive note, as Saudi Arabia and Russia, the world’s largest producers, agreed to extend the historic OPEC deal till March 2018. In a

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Oil prices back in the $50s as markets expect fresh OPEC deal

    Oil prices back in the $50s as markets expect fresh OPEC deal

Oil prices rose on Friday as traders expected OPEC-led production cuts to extend beyond the middle of this year. In the same vein, US crude inventories fell to their lowest

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OPEC asks US to cut oil output and prosper global economy

  OPEC asks US to cut oil output and prosper global economy

The Organisation of Petroleum Exporting Countries (OPEC) has called on US shale oil drillers to cut output for the prosperity

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Oil prices back in the $40s, sink to 5-month low

  Oil prices back in the $40s, sink to 5-month low

Crude oil prices are back in the $40-territory as uncertainty and oversupply brew across the global market. Brent crude, the

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Oil cut deal now at 98% compliance level, says OPEC

  Oil cut deal now at 98% compliance level, says OPEC

The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) says the historic oil cut deal reached in November/December 2016 has attained a

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We must not lose sight of our goal, Barkindo tells oil producing nations

  We must not lose sight of our goal, Barkindo tells oil producing nations

Mohammad Barkindo, secretary general of the Organisation of the Petroleum Exporting Countries (OPEC), says that despite the improvement in oil

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Kachikwu: OPEC to attempt bringing US into next oil deal

  Kachikwu: OPEC to attempt bringing US into next oil deal

Ibe Kachikwu, minister of petroleum resources, says the Organization of the Petroleum Exporting Countries (OPEC) is considering extending output cuts

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OPEC: Nigeria’s oil output still at 1.55m barrels

  OPEC: Nigeria’s oil output still at 1.55m barrels

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria oil production is yet to climb to two million barrels per

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