Tag
OPEC
News and stories about OPEC
OPEC and other oil-producing countries are working on a deal for an unmatched production cut equivalent to about 10% of global supply,
Nigeria has thrown itself into the battle for market share that was started by Saudi Arabia, offering its export crudes at the lowest price
Diversification of Nigeria’s economy is believed to be the only viable way to survive the current environment of global economic uncertainty.
Africa’s biggest economy is again reacting to this crisis the same way it did in the past as she failed to stop its currency from devaluing
Nigeria's income from oil and gas is projected to fall by between 50% and 85% in 2020, reaching the lowest levels in more than two decades.
There might be hope for Nigeria and other producers in the oil market as Russia says it is still open to OPEC negotiation on oil production cut.
Minister of State for Petroleum, Timipre Sylva said the Organization of OPEC and non-OPEC countries would meet over production cut.
Crude oil price crashed below $30 on Sunday evening's market-opening after Saudi Arabia launched a price war in reaction to Russia's decision not to cut output.
Zainab Ahmed has disclosed that FG would review the 2020 Budget and make some adjustment as Coronavirus outbreak impacts crude oil revenues globally.
The Organisation of Petroleum Exporting Countries (OPEC), on Tuesday, recommended an additional 1 million barrels per day crude output cut.
Coronation Merchant Bank is optimistic that there are investment opportunities in Nigeria’s economy in 2020.
Coronavirus threat pushes oil price below Nigeria's budget benchmark as Brent Crude was trading at $54.75 barrels per litre.