President Muhammadu Buhari has promised that his administration would play more proactive and effective roles in the affairs of the Organisation of the Petroleum Exporting Countries (OPEC). Speaking in Vienna,
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Oil prices slipped on Thursday ahead of a key Organisation of the Petroleum Exporting Countries (OPEC) meeting to decide production policy at a time of huge global oversupply. OPEC is
Oil supply from the Organisation of the Petroleum Exporting Countries (OPEC) in April has jumped to its highest in more than two years, boosted by record supplies from Iraq, Nigeria
Ngozi Okonjo-Iweala, minister of finance and coordinating minister of the economy, has warned that oil prices are likely to stay low for a long time after falling more than 40
The fall of oil prices is taking a heavy toll on Nigeria’s economy and Ngozi Okonjo-Iweala, finance minister and coordinating minister of
Nigeria’s crude oil output dropped by about 64,000 barrels per day (bpd) to 1.89 million bpd in February 2015, from
Oil prices steadied above 48 dollars a barrel on Tuesday, recovering from earlier losses as the dollar weakened against the
Oil prices, which have been on decline in recent months, took an unexpected rise immediately after the Saudi Arabian royal
Brent crude oil prices fell below $50 a barrel on Wednesday, the lowest in five years. Although prices later went
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