Oil falls after U.S. drilling picks up

Oil fell on Monday after U.S. shale drillers last week added more rigs but prices still…

New OPEC deal reasserts Saudi oil market leadership with Russia

Saudi Arabia reasserted its leadership of the oil market Thursday after brokering its desired extension of output cuts…

OPEC agrees oil cut extension to end of 2018

OPEC agreed on Thursday to extend oil output cuts until the end of 2018 as it…

OPEC agrees oil cut extension to end of 2018

OPEC agreed on Thursday to extend oil output cuts until the end of 2018 as it…

OPEC may cap oil output quotas for Nigeria, Libya

Oman’s Minister of Oil and Gas, Mohammed Rumhi, on Thursday said the Organization of the Petroleum Exporting…

South Sudan eyes OPEC membership

South Sudan is exploring the benefits of joining the Organization of the Petroleum Exporting Countries as…

OPEC, Russia set for oil cut extension but wary of overheating market

OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this…

Tough OPEC meeting looms amid specter of oil deficit

OPEC is heading for tougher-than-expected policy talks this week amid concern that its efforts to rebalance…

OPEC, allies unlikely to delay decision on oil cut extension

OPEC and non-OPEC oil producers are moving towards deciding at their Nov. 30 meeting whether to…

Cars to drive oil demand growth- OPEC

The outlook looks bright for oil-producing nations and carmakers, OPEC said Tuesday, as the cartel expects…

Nigeria must prepare for the world after oil, says Osinbajo

Nigeria must use its oil wealth to prepare for a future when the world no longer…

Oil prices encouraging, says Kachikwu

Minister of State for Petroleum, Ibe Kachikwu has said Nigeria is targeting oil production of 1.8…