Saudi, UAE reach compromise in OPEC+ standoff
By Nneka Nwogwugwu
Saudi Arabia and the United Arab Emirates have reached a compromise deal in a standoff over…
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OPEC
OPEC+ calls off meeting as UAE, Saudi clash continues
By Nneka NwogwugwuOPEC+ ministers has called off oil output talks on Monday after clashing last week when the…
Crude oil price hits $65.85 per barrel after 16th OPEC, Non-OPEC meeting
By Nneka Nwogwugwu
The price of Nigeria’s Bonny Light has risen to $65.85 from $63.50 per barrel in the global…
Oil prices rise above $58.17 as OPEC members commit to output cut
By Bisola Adeyemo
Following the commitment of output cut by members and non-members of the Organisation of…
NNPC to focus on Gas, Condensates for revenue growth
Due to the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies…
Global oil supply decreased by 1.9bn barrels—OPEC
By Bisola Adeyemo
Global crude oil supply has decreased 1.9 billion barrels by Nigeria and other members and…
Oil revenue receives boost as OPEC considers President Buhari’s plea
By Olamide FrancisThe Organisation of Petroleum Exporting Countries (OPEC) after tense discussions at the weekend…
Oil climbs higher on China, Japan rebound, hopes of OPEC+ supply curb
Oil prices climbed on Monday, recouping some losses from the previous session as hopes that OPEC+ will hold…
Oil rises after OPEC warn members to stick to quotas
Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about 10 per…
