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OPEC+ Set To Continue With 400,000 Bpd Production Increase

The OPEC+ group is expected to decide next week whether it should continue unwinding the oil production cuts by another 400,000 barrels per day...

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OPEC’s Shrinking Capacity Could Send Oil Above $100

...The oil market is quickly realizing that many OPEC producers may not have the capacity to boost output much further. ...OPEC+ has been undershooting its...

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Oil Prices Fall Back Despite Bullish Predictions

Oil prices rallied this week on a set of bullish predictions from major investment banks but may have climbed too high too fast. Friday, January...

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OPEC Daily Basket Price Now $86.54 Per Barrel

The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $86.54 per barrel as at...

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Oil Prices Sink Again On Demand Fears

Oil Prices Sink Again On Demand Fears Oil prices sank on Monday on fresh demand fears, even trumping supply outages in Libya and the chaos...

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UAE Buys 80 French Rafale Fighter Jets And 12 Airbus Helicopters

Paris/Dubai (dpa) - The United Arab Emirates (UAE) is buying 80 French Rafale fighter jets. The contract with manufacturer Dassault Aviation was signed during a...

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Dec Polls: Why Democracy Won’t Work In Libya, Akinyemi Reveals

Former Nigerian Minister of Foreign Affairs, Prof. Bolaji Akinyemi has said Libya at the moment does not need a democratic system, but rather a...

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