Despite the easing of both the COVID-19 restrictions and the output cuts by the Organisation of Petroleum Exporting Countries (OPEC),…
The United States Government on Saturday said that it had “tools” to deal with high oil prices after the Organisation of…
Oil prices continued to climb on Tuesday, hitting their highest levels in years and extending gains. Apparently, the rally was…
Oil output of members of the Organisation of Petroleum Exporting Countries (OPEC) rose in September to its highest since…
The Organisation of Petroleum Exporting Countries (OPEC) lost over $240 billion last year, following the collapse in demand and prices…
The Organisation of Petroleum Exporting Countries (OPEC) on Monday expanded its global oil demand forecast for 2022 by almost one…
After over a two-week stalemate, the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+ on Sunday…
The Organisation of Petroleum Exporting Countries (OPEC) has moved to sort out its impasse with the United Arab Emirates (UAE),…
The Nigerian government on Monday pledged its renewed commitment to full compliance with the country’s crude oil production quota, which…
New Saudi import rules, disagreements over how to unwind OPEC production cuts and a race to claim the mantle of…
The Organisation of Petroleum Exporting Countries (OPEC) on Thursday failed to agree on whether or not to keep crude oil…
Oil prices edged higher on Thursday, supported by lower U.S. inventories, as investors waited for a decision from key producers…
Nigeria’s crude oil production output hit record low levels in May, the June Monthly Oil Market Report (MOMR) of the…
Crude oil prices Tuesday climbed to the highest point in more than two-and-a-half years, after the Organisation of Petroleum Exporting…
Oil production output by the Organisation of Petroleum Exporting Countries (OPEC) rose in May as the group agreed to ease…
Nigeria’s oil and gas industry growth declined by 19.8 per cent in the fourth quarter of 2020 compared with the…
The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday lifted its forecast on its members' crude this year by over…
The Organisation of Petroleum Exporting Countries (OPEC) and its allies on Tuesday resolved to stick to plans for a phased…
The Organisation of Petroleum Exporting Countries (OPEC) has raised its forecast for crude oil demand growth this year on the…
Saudi Arabia is prepared to support extending oil cuts by OPEC and allies into May and June and is also…