OPEC sees lower demand for its oil in 2018, points to surplus

OPEC said on Wednesday its oil production jumped in June and forecast world demand for its…

OPEC figures show June oil output rise led by exempt nations – Sources

OPEC oil output has risen in June by more than 300,000 barrels per day, (bpd) according…

Barkindo says OPEC members support Paris Agreement

Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, said on Sunday that the member…

JMMC may ask Nigeria, Libya to cap oil output in two weeks

The decision on whether to invite Libya and Nigeria to a meeting of the Joint OPEC-Non-OPEC…

Nigeria records drop in rig count

Nigeria’s rig count has reduced by two as the total rig count for the month of…

OPEC oil output jumps to 2017 high as Nigeria, Libya pump more

OPEC oil output has risen in June by 280,000 barrels per day (bpd) to a 2017…

OPEC oil output jumps to 2017 high as Nigeria, Libya pump more

OPEC oil output has risen in June by 280,000 barrels per day (bpd) to a 2017…

Oil prices rise to two-week high on dip in U.S. output

Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight…

Barkindo welcomes new Saudi prince to OPEC

Secretary-General of the Organisation for Petroleum Exporting Countires (OPEC), Mohammad Barkindo, has congratulated Mohammed bin Salman…

OPEC breaks own record as compliance to oil deal hits 106%

The Organisation of Petroleum Exporting Countries (OPEC) has beat its own oil cut compliance record, which…

Markets lose faith in OPEC as oil falls deeper into bearish territory

The ongoing fall in oil prices has driven risk-off sentiments across all asset classes. US stocks…

Markets lose faith in OPEC as oil falls deeper into bearish territory

The ongoing fall in oil prices has driven risk-off sentiments across all asset classes. US stocks…