Angola on Thursday announced that it would quit membership from the Organisation for Petroleum Exporting Countries over a disagreement on…
OPEC Secretary-General Mohammad Barkindo, on Tuesday, disclosed that global spare oil capacity is shrinking. Barkindo, who spoke at the IHS…
Iran told OPEC on Sunday no member country should be allowed to take over another member’s share of oil exports,…
The Nigerian National Petroleum Corporation on Sunday announced the appointment of Group General manager, Mallam Mele Kyari as Nigeria’s National representative at the Organization…
After long years of punishingly low oil prices, The global oil market is moving closer to reaching a healthy…
The Organisation of Petroleum Exporting Countries (OPEC) and its commitment of the to cutting production to clear a global glut…
Nigerian economy is centered on petrol dollar and that is what we all rely on to survive, because it is…
The Organisation of Petroleum Exporting Countries (OPEC) and Non-OPEC countries have approved Nigeria’s exemption from oil production cuts. A statement…
Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf on Friday.Benchmark Brent crude futures were…
Oil headed for a third weekly drop as rising supplies from the U.S. and Nigeria showed that OPEC is still…
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