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How Oil Could Go To $100 Per Barrel

By Steven Kopits In its February Short Term Energy Outlook (STEO), the EIA forecasts this month's world oil consumption at 96.7 million barrels per day (mbpd)....

Oil Prices: OPEC+ Cuts Rollover Depresses Already Weak Oil Tanker Market

By Charles  Kennedy  Oil tanker owners and shipbrokers are set to suffer longer than expected from the massive OPEC+ production cuts after the coalition surprised...

Oil Flirts With $70 After The OPEC+ Surprise

Brent is now flirting with the $70 mark after OPEC+ shocked markets once again by refusing to bring more oil production online. Oil skyrocketed on Thursday after...

Oil Hits 14-month High After OPEC+ Extends Output Cuts

Oil prices jumped more than 2% on Friday, hitting their highest in nearly 14 months after OPEC and its allies agreed not to increase...

Saudi Arabia And Russia Head For Another Clash On OPEC+ Oil Cuts Today!

By Tsvetana  Paraskova The leaders of the OPEC+ alliance, Saudi Arabia and Russia, are reportedly once again at odds over oil supply management ahead of...

OPEC+ Compliance With Oil Production Cuts Jumps To 103%

By Tsvetana Paraskova The OPEC+ group of producers complied at 103 percent with the oil output cuts in January, higher than the estimated compliance in...

5 Million Solar Installations, Mass Housing Underway Nationwide, Says Presidency

By Akanimo Kufre (The New Diplomat's A/Ibom|C/River Correspondent) Nigeria’s prompt exit from recession is a key indicator of the success of the ongoing Economic Sustainability...

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