Tag
OPEC
News and stories about OPEC
The International Energy Agency (IEA) has disclosed that the global oil demand growth will remain subdued due to the trade disputes between the United States of America and China.
With earnings season now over, we have yet another opportunity to take more than a cursory glance at the H1:2019 financial scorecards for Nigeria's downstream segment.
Last week, President Muhammadu Buhari directed the Central Bank of Nigeria (CBN) to halt the sale of foreign exchange for food importation.
The Nigerian National Petroleum Corporation (NNPC) will maintain its crude oil production cut despite the recent bearish trend in the global oil market.
According to data released by the S&P Global Platts Survey, OPEC, world biggest oil cartel, pumped its fewest barrels of crude oil in over 5 years (Apr 2014 – 29.70mb/d).
Oil prices may rebound next week following the decision by the United States of America and China to restart trade talks.
The facilities of Saudi Aramco suffered setback early Tuesday morning after explosive-laden drones attacked two pumping stations belonging to the state-owned oil company.
Despite the reduction in crude oil production by OPEC and non-OPEC members, the past few days marked constant fluctuations in crude oil prices.
Donald Trump called on OPEC to lower oil prices because the world cannot handle a hike.
The members and allies of the Organisation of Petroleum Exporting Countries (OPEC) have failed to reach a consensus on output cut.
FG to collaboarate with Saudi Arabia
The Saudi Arabian Energy Minister today met with Emmanuel Ibe Kachikwu ahead of two very important OPEC meetings scheduled to hold in just a matter of days.