Oil prices hit $57 on Monday after the Organisation of Petroleum Exporting Countries (OPEC) maintained the decision to exempt Nigeria and Libya from the oil production cut. Members and non-members
Tag "Organisation of Petroleum Exporting Countries (OPEC)"
Emmanuel Kachikwu, minister of state for petroleum resources, says Nigeria will again get exempted from production cuts agreed on by the Organisation of Petroleum Exporting Countries (OPEC). Nigeria was first
Ibe Kachikwu, minister of state for petroleum, says aging pipelines are responsible for the reduced crude oil output recorded in July. The minister made this known on Thursday while speaking
Oil prices hit a two-month high on Monday as a result of the tightening of US crude market and the threat of sanctions against OPEC-member, Venezuela. Brent crude futures traded
Brent crude dropped by $1.35 from Friday’s closing price of $49.54 ahead of OPEC’s meeting with delegates from Nigeria and
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