Crude oil prices fall to $30 as COVID-19 erases gains from oil production cuts
Oil prices slumped more than 50 cent a barrel on Monday, even after major producers agreed their biggest-ever output cut.
Tag: OPEC Cuts
OPEC+ DEAL: How much Nigeria will contribute to the oil cuts
This is a breakdown of how much Nigeria will be contributing to the cuts including the agreed timelines.
OPEC+Deal: Breakdown of the oil cuts and the applicable timelines.
So what was agreed? Here is the break down of the cuts and the timelines;
OPEC+ Alliance, US, Russia, Canada, Mexico reach historic deal to cut 13.4 million bpd
A historic deal to cut global crude oil output has been reached between OPEC, Russia and a group of 20 ...
OPEC deal in jeopardy as Mexico refuses to accept production cuts
The meeting with OPEC and its OPEC+ countries took a u-turn late on Thursday after Mexico refused to accept production ...
Why oil price tumbles to $46, nears August 2016 low
Brent crude, international oil benchmark, dropped to $46 per barrel, as Russia, bluntly refused to agree to a deeper crude ...
Oil Prices jump after Trump provides updates on trade-war
Oil prices spiked on Tuesday, erasing earlier losses after the U.S President Donald Trump disclosed that he would meet with ...
Oil Prices tumble to a 4 month low as U.S-China trade tension heightens
Several oil-rich nations (Nigeria inclusive) may face looming financial crises as Oil price declined to a 4-month low of $61.99 ...
Oil prices spike after Saudi Aramco facilities suffer drone attack
The facilities of Saudi Aramco suffered setback early Tuesday morning after explosive-laden drones attacked two pumping stations belonging to the ...
Major boost for Nigeria as U.S increases oil imports from Africa
Nigeria's oil export has received a major boost as the U.S refineries upped their crude oil imports from Africa, doubling ...
