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OPEC, Russia Mull Emergency Energy Cut Over Coronavirus

The Organisation of the Petroleum Exporting Countries (OPEC) and its allies will meet soon to discuss deepening their production cuts, in an effort to...

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Nigeria Meets 100% OPEC Target Agreement, Says Sylva

The Minister of State for Petroleum Resources, Chief Timipre Sylva says Nigeria has met the 100 per cent target agreement entered into by Oragnisation...

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What OPEC Said About Silva’s Appointment As Minister Of State For Petroleum

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC) Mr. Mohammad Barkindo, has congratulated Mr TimipreSylva on his appointment as Nigeria’s Minister...

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Oil Slips Below $66 Ahead Of G20, OPEC Meeting

Oil slid below $66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions...

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OPEC Supply Cut Jacks Up Oil Prices

Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding supplies, and in relief that...

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Oil Prices Slip To $71.43 Amidst OPEC’s Supply Cuts

Oil markets fell on Thursday despite a surprise decline in U.S. inventories, but the price drops were tempered by a smaller-than-expected reduction in gasoline...

Business

OPEC Oil Cut Jacks Up Crude Prices

The price of crude oil has recorded further spike opening the week yesterday at $62.90 per barrel, a 20 cent mark-up on last weekend’s...

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