Thursday, May 16, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Tag "OPEC"

Nigeria’s gradual road to economic recovery

    Nigeria’s gradual road to economic recovery

Africa’s largest economy has displayed resilience over the past few months. From defending against the COVID-19 menace to battling untamed inflation and shouldering domestic risks. Initially, the economic outlook was

0 comment Read Full Article

Barkindo: Divesting from oil sector won’t end carbon emissions

    Barkindo: Divesting from oil sector won’t end carbon emissions

Mohammed Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), says withdrawing investments from the oil sector will not end global carbon emissions. Barkindo was speaking at the virtual

1 comment Read Full Article

Oil prices inch towards $50 on new OPEC+ agreement

    Oil prices inch towards $50 on new OPEC+ agreement

Oil prices touched their highest level since March on Friday, a day after major producers agreed to ease their oil output cuts next year more gradually than previously planned —

0 comment Read Full Article

OPEC+ facing hard choices

    OPEC+ facing hard choices

Crude oil futures are trading lower on Monday morning as market participants closely watch OPEC members and their allies as they begin a two-day meeting to discuss their next steps

0 comment Read Full Article

REVEALED: Nigeria’s oil revenue hit N85trn in 5 years

  REVEALED: Nigeria’s oil revenue hit N85trn in 5 years

Nigeria made about N85 trillion ($236.2 billion) from oil between 2014 and 2018, the 54th edition of Annual Statistical Bulletin by

0 comment Read Full Article

Buhari: Developed countries reluctant to assist us because they think we are rich

  Buhari: Developed countries reluctant to assist us because they think we are rich

President Muhammadu Buhari says some developed countries are reluctant to assist Nigeria because they have “wrong assumptions” that the nation

0 comment Read Full Article

Oil prices hit one-year low as WTI loses $2 in 30 minutes

  Oil prices hit one-year low as WTI loses $2 in 30 minutes

Oil prices hit its lowest point since December 2017 on Tuesday, following anticipated oversupply in the global crude oil market. 

0 comment Read Full Article

Barkindo to receive ‘Africa Oil Man of the Year’ award

  Barkindo to receive ‘Africa Oil Man of the Year’ award

Mohammad Barkindo, secretary general of the Organisation of Petroleum Exporting Countries (OPEC), will be honoured with the “Africa Oil Man

0 comment Read Full Article

Despite growth projections, IMF says Nigeria’s economy may ‘not be so lucky’

  Despite growth projections, IMF says Nigeria’s economy may ‘not be so lucky’

The International Monetary Fund (IMF) says Nigeria’s economy might not be so lucky despite the growth projections from various quarters.

0 comment Read Full Article

‘Nigeria’s economic recovery poised to build momentum in Q2’

  ‘Nigeria’s economic recovery poised to build momentum in Q2’

Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading quarter of 2018. The

0 comment Read Full Article
error: Content is protected from copying.