The Secretary-General, Organization of the Petroleum Exporting Countries (OPEC), Mohammad Barkindo, on Monday expressed hope that…
Tag: OPEC
Oil prices dip over possible rise in U.S. stocks
Crude oil prices took a gentle dip on Tuesday ahead of weekly data that is forecast…
Oil market: OPEC Chief expects stability in 2018
President of the Organisation of Petroleum Exporting Countries (OPEC) and Energy Minister of the United Arab…
OPEC ranks Nigeria third best in data submission
The Organisation of Petroleum Exporting Countries (OPEC), on Monday, commended Nigeria for ranking third among member…
Oil output cuts, electric car influx could hit Russian economy- Central bank
Russia’s oil-dependent economy could be hit in 2018 by cuts in crude production as part of…
Rising U.S. supply knocks oil prices for a third day
Oil fell for a third day on Wednesday, under pressure from concern about rising U.S. production…
Oil falls on higher inventories, but January gains still strong
Oil prices fell for a third day on Wednesday after data that showed U.S. inventories rose…
Oil dips but still set for strongest January in five years
Oil eased below $70 a barrel on Monday as rising U.S. output undermined efforts led by…
Oil hits $71 for first time since 2014 on tighter supply and weak dollar
Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led…
US to overtake Saudi as crude oil producer
The United States are set to overtake Saudi Arabia as the world’s number two oil producer…