A Committee set up by the Organisation of Petroleum Exporting Countries (OPEC) to monitor compliance with…
Tag: OPEC
Oil price hits $58.37 as OPEC deal takes effect
Oil prices hit 18-month high on Tuesday, the first trading day of 2017, buoyed by hopes…
2017 crude oil demand stands at 32.6mb/d – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said the demand for its crude would slightly…
OPEC: Maduro to tour oil-producing nations
Venezuelan President Nicolas Maduro said on Monday he would soon embark on a tour of oil-producing…
Kachikwu: Nigeria gets $2b extra from oil
The agreement that Nigeria signed with joint venture partners on Thursday will increase the nation’s revenue…
Oil prices jump on planned production cuts
Oil prices jumped on Friday as evidence increased that producers in the Middle East were informing…
OPEC expects non-members to increase oil output in 2017
OPEC said Wednesday it expects some non-cartel producers to ramp up production next year, encouraged by…
OPEC expects non-members to increase oil output in 2017
OPEC said Wednesday it expects some non-cartel producers to ramp up production next year, encouraged by…
Oil prices rise ahead of meeting of OPEC and non-OPEC producers
Oil prices extended gains on Friday on optimism that non-OPEC producers would agree to cut output…
Oil rises on hopes for non- OPEC output cuts
Oil prices extended gains on Friday on optimism that non-OPEC producers would agree to cut output…
Oil tanker market heads for worst year since 2013 on OPEC cut
Oil-hauling supertankers are bracing for the worst earnings year since 2013 as they become collateral damage…