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Business

OPEC+ To Ease Record Cuts From August As Sec-Gen Says Oil Cuts Brought Stability

As oil demand begins to recover after falling to a record low in April, the Organization of the Petroleum Exporting Countries, OPEC+ group has...

Business

OPEC Reveals How Nigeria Earned N7.8trn In Oil Revenue In Five Years

In five years, Nigeria, Africa’s top oil producer, generated $206.06bn {7.8tr} based on $380/1 in revenue from crude oil exports, the Organization of Petroleum...

Business

Oil Crisis: Hope Rises As Nigeria, Saudi Arabia Restate Commitment To OPEC+ Deal

Ahead of a crucial high-staked meeting of the Organization of Petroleum Export Countries and its allies known as OPEC+ this week, Nigeria and Saudi...

Energy

Hope Rises For Oil Price Surge Ahead Of High Staked OPEC+ Meeting Next Week

There is fresh hope of an increase in oil price ahead of next week’s Organization of the Petroleum Exporting Countries, OPEC+ Joint Ministerial Monitoring...

Energy

Oil Cowboy, Aluko’s $82 Million Yacht Becomes Subject Of Fresh Litigation

A luxury yacht, 'Galactica Star' bought by Nigerian oil and gas businessman Kolawole Aluko for $82 million in 2013 is now a subject of...

Economy

Buhari, Saudi Prince Discuss On Phone, Review OPEC+ Deal

President Muhammadu Buhari in a phone chat with Saudi Crown Prince, Mohammed Bin Salman, have reviewed the current progress made on the OPEC+ deal. According...

Business

China’s Record Imports, OPEC+ Cuts Jack Up Oil Prices

Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July as China’s crude...

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