Trump orders OPEC to reduce crude oil price

United States President, Donald Trump, again accused the Organization of the Petroleum Exporting Countries (OPEC) of…

OPEC agrees to hike in oil supply

  The Organization of the Petroleum Exporting Countries (OPEC) on Friday agreed on a modest increase…

NNPC signs $3bn oil development deal

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has said the company…

Oil prices dip as OPEC nears deal to hike output

Crude oil prices fell on Thursday as crude exporters in the Organization of the Petroleum Exporting…

Russia, Saudi seeks big hike in oil output

Russia and Saudi Arabia are pushing Organization of the Petroleum Exporting Countries (OPEC) and its allies…

Trump blames OPEC again for high oil price

    United States President, Donald Trump, has blamed the Organization of the Petroleum Exporting Countries…

OPEC warns on oil outlook despite end to surplus

Organization of the Petroleum Exporting Countries (OPEC) on Tuesday said the oil market outlook in the…

Oil prices steady over falling Venezuelan exports

Crude oil prices steadied on Wednesday after Venezuela raised the prospect of a halt to some…

U.S. urges OPEC to hike crude oil output

The United States government has asked Saudi Arabia and some other Organization of Petroleum Exporting Countries…

Crude oil prices falls as OPEC considers output boost

Crude oil prices fell more than 2 percent on Friday as Saudi Arabia and Russia said…

Crude oil dips over possible increase in supply

Crude oil price fell on Wednesday, under pressure from a potential increase in OPEC crude output…

High oil prices not supply-driven- OPEC

  OPEC has described crude oil’s rally towards $80 a barrel as a short-term spike driven…