‘Nigeria ready for OPEC talks’

  The Minister of State for Petroleum Resources, Timipre Sylva on Monday pledged Nigeria’s readiness for…

Nigeria reaffirms commitment to OPEC production agreement

Nigeria has reaffirmed its commitment to production adjustments agreement under the Declaration of Cooperation (DoC). The…

Buhari: Why Nigeria, other developing countries are no longer powerful in OPEC

President Muhammadu Buhari said technology has rendered Nigeria and other developing countries that used to be…

OPEC slashes 2019 oil demand forecast

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday slashed it’s forecast for world oil…

OPEC doesn’t fix crude oil prices, says Barkindo

In the aftermath of a United States House of Representatives Committee approval of a bill that…

U.S. House committee okays bill to sue OPEC

A Bill that allows the United States Attorney General to file antitrust lawsuits against the Organization…

OPEC to slash output by 43.874 mbpd in 2019

The Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers, will slash their…

OPEC president says oil market is correcting

United Arab Emirates (UAE) Energy Minister, Suhail al-Mazrouei on Monday said the global oil market is…

OPEC warns of crude oil glut in 2019

The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday warned that an oil supply glut…

OPEC warns of crude oil glut in 2019

    The Organization of the Petroleum Exporting Countries (OPEC) on Tuesday warned that an oil…

India oil demand to rise 5.8m bpd by 2040- OPEC

India’s oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040,…

Crude prices rebound, rise by 1%

  Oil prices on Friday jumped 1 percent, rebounding after two days of heavy declines with…

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