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Tag "OPEC"

HURRAY! Nigeria to enjoy 7-month unlimited crude sales

    HURRAY! Nigeria to enjoy 7-month unlimited crude sales

The Organisation of Petroleum Exporting Countries says Nigeria can continue to supply crude oil to the global market uninterrupted as it will continue to enjoy exemption from the oil production

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Oil prices stable at 26 months high as OPEC meets in Vienna

    Oil prices stable at 26 months high as OPEC meets in Vienna

Oil prices remained above the $56 mark on Thursday and Friday morning as traders await the outcome of the meeting between members of the Organisation of Petroleum Exporting Countries and

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Diezani as only female president, Nigeria as ‘biggest leader’… 7 things to know about OPEC at 57

    Diezani as only female president, Nigeria as ‘biggest leader’… 7 things to know about OPEC at 57

September 14 is always a special day for the Organisation of Petroleum Exporting Countries (OPEC). It is the day in 1960 when the organisation was established. Below are seven things

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Despite threat by ‘clean energy’, OPEC says oil demand will increase

    Despite threat by ‘clean energy’, OPEC says oil demand will increase

Mohammed Barkindo, secretary general of the Organisation of Petroleum Exporting Countries (OPEC), says demand for oil will increase by two million barrels per day by the end of 2017. The

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Hurricane Harvey pushes oil prices to $54 per barrel

  Hurricane Harvey pushes oil prices to $54 per barrel

Oil prices rose on Wednesday and remained so on Thursday due to the closure of refineries as a result of

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Oil climbs to $53 as Saudi Arabia promises further cuts

  Oil climbs to $53 as Saudi Arabia promises further cuts

Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness to cut crude supplies

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UAE to ‘produce’ next OPEC president — after Nigeria, Saudi

  UAE to ‘produce’ next OPEC president — after Nigeria, Saudi

After Nigeria’s Ibe Kachikwu and Saudi Arabia’s Khalid Al-Falih, the United Arab Emirates will produce the next president of the

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Fed policy decision and UK GDP in focus

  Fed policy decision and UK GDP in focus

Asian shares were mostly mixed during early trading on Wednesday, while the Greenback held steady ahead of the Federal Reserve decision

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Oil hits 7-week high as Nigeria agrees to cap output at 1.8mbd

  Oil hits 7-week high as Nigeria agrees to cap output at 1.8mbd

Brent crude prices jump by over $2 on Tuesday following Nigeria’s agreement with the Organsation of Petroleum Exporting Countries (OPEC)

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OPEC wants Nigeria to keep oil output at 400,000 barrels below budget benchmark

  OPEC wants Nigeria to keep oil output at 400,000 barrels below budget benchmark

The Organisation of Petroleum Exporting Countries (OPEC) wants Nigeria to keep its oil output level at 1.8 million barrels per

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