OPEC reports big Saudi oil cut, boosting compliance with deal
Top OPEC oil producer Saudi Arabia made a large cut in its…
USA v Iran: How Nigeria Might Benefit from Iran’s Woes
Prices of crude oil rose to $57.095 per barrel on Friday, February…
Oil prices jump as OPEC cuts output, dollar sinks
Oil prices rose more than one per cent on Tuesday after news…
OPEC cuts will not impact Saudi oil supply to Japan -Saudi official
Crude supplies to Japan from its biggest supplier Saudi Arabia will not…
Oil prices rise as OPEC output cuts drain stocks
Oil prices rose on Tuesday on evidence the global market was tightening…
Equatorial Guinea presents offer to become OPEC member in 2017
Africa’s third largest oil producer, Equatorial Guinea, has presented an offer to join…
Oil rises on weaker dollar, Saudi commitment to cut output
Oil prices rose on Tuesday supported by a falling U.S. dollar and…
Oil prices rise as markets eye production cuts
Oil prices rose on Tuesday, the first trading day of 2017, buoyed…
Oil prices edge up in anticipation of tighter 2017 market
Oil prices inched up on Monday in anticipation of tighter crude supply going into…
Updated: FG signs agreement to increase revenue by $2bn
The agreement that Nigeria signed with joint venture partners on Thursday will…
Oil prices soar to $58 on global output cut deal
Oil prices shot up over four per cent to their highest level…
Oil Prices Rise As OPEC Expresses Optimism For Non-members’ Output Cut
Oil prices extended gains on Friday on optimism that non-OPEC producers would…
Capital market: expert links petroleum stock rally to enhanced dividend anticipation
A capital market expert has attributed investors renewed interest in petroleum stocks…
Oil hits $55.33 high in buying rush after OPEC agreement
Crude roseabove 55 dollars a barrel as rising prospects of a tightening market after…
Nigerian equity market strengthens with a growth of 1.88%
The Nigerian equity market on Friday increased by 1.88 per cent to…
Oil prices surge, trading volume records smashed as OPEC and Russia agree
An agreement between oil producer club OPEC and Russia to produce less…
Indonesia leaves oil producer club OPEC again
Indonesia has suspended its membership in oil producer club, the Organisation of…
OPEC agrees to cut production by 1.2mb/d, exempts Nigeria
After seven hours of deliberation, the Organisation of Petroleum Exporting Countries (OPEC)…
OPEC Ministers meets, focuses on oil production cut, prop up global prices
Ministers of the Organisation of Petroleum Exporting Countries (OPEC) gathering in Vienna…
Oil prices rise ahead of OPEC meeting
Oil rises on Wednesday ahead of an OPEC meeting later in the…
EFCC to charge 100 electoral officers for allegedly receiving bribe from Diezani
The Economic and Financial Crimes Commission is set to charge some officials…
$50 Per Barrel: Nigeria To Benefit From Oil Price Increase
The 56th Independence day celebration has indeed come with its own good…
OPEC Agrees to First Oil Output Cut in Eight Years
OPEC agreed to the outline of a deal that will cut production…
Forex Crisis: Nigeria Should Pull Out Of OPEC
The General Manager, Western Ports, Nigeria Ports Authority, Chief Michael Ajayi, has…
OPEC urges Nigeria to sustain ongoing energy reforms
The Organisation of Petroleum Exporting Countries (OPEC) has urged Nigeria to sustain…
OPEC says coordination between member, non member countries will stabilise market
The Organisation of Petroleum Exporting Countries (OPEC) has reiterated that coordination between…
Former NNPC GMD Confirmed As OPEC’s New Secretary-General
Mohammed Barkindo, a former Group Managing Director of the Nigerian National Petroleum…
OPEC will achieve consensus on freezing of crude oil supply – kachikwu
Minister of Petroleum Resources, Dr Ibe Kachikwu has expressed hope that Organisation…
Kachikwu in Qatar for meeting to solve oil crisis
Minister of State for petroleum Dr. Ibe Kachikwu has flown to Qatar…
Oil Prices Rise As OPEC Members Look To Strike Deal
Crude futures jumped on Wednesday as hopes for an agreement among exporters…