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Business

Oil Price Crisis: Respite For Nigeria As OPEC+ Agrees To Extend Oil Supply Cuts

OPEC+ (OPEC and Russia) are set to extend their record oil production cuts for a further month as oil recovers to near $40 a...

Business

Oil Crisis/OPEC+ Meeting: Anxiety As Prices Dip After Hitting $40 Per Barrel…

As Russia, Saudi Arabia, Nigeria, Algeria, Canada, Others Fail To Meet To Agree On Extending Output Cuts Oil prices dipped Thursday morning after hitting...

Business

Oil Price Set For Further Boost Over Indication Of OPEC+ Deal Extension

Ahead of the June 4 meeting of the Organization of the Petroleum Exporting Countries, OPEC+, there are indications that the alliance of oil-producing nations...

Business

Oil Price Crisis: OPEC’s Breach Of Output Cut Triggers Fresh Russia, Saudi Arabia Clash

*Nigeria, Iraq Fail To Uphold Commitments To Output Cut, Says Survey By Babajide Okeowo( The New Diplomat’s Content editor) A trending survey findings based on a...

Energy

Oil Revenue Crisis: Hope Rises For Nigeria As Global Oil Market Is Expected To Re-Balance in 2 Months

Following reaffirmation by countries like Saudi Arabia, the United Arab Emirates (UAE) and Iraq to comply with the decision of the Organization of the...

Business

Goldman Sachs: OPEC To Sustain Global Oil Market Dominance Soon

American multinational investment bank and financial services company, Goldman Sachs has projected that the Organization of Petroleum Exporting Countries(OPEC )will regain its position as...

Business

Oil Crisis: Compliance With OPEC Deal ‘ll Lead To Economic Decline, Fiscal Deficits, Says Fitch

Warns GDP Growth to Contract by 3 Percent Global credit rating agency, Fitch Ratings Inc, has warned that Nigeria stands to grapple with deeper...

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