Tag: International Energy Agency

Oil tumbles 3% after IEA, OPEC see glut persisting

Oil prices settled down as much as 3 percent on Tuesday after

Kayode Ogundele Kayode Ogundele

Oil, stock markets in mayhem, as prices crash below $27 a barrel, lowest for 13 years

U.S. crude futures dropped three percent Thursday, driving prices below $27 for

Kayode Ogundele Kayode Ogundele

Shell to sack 10,000 workers as profits plunge by 80%

Royal Dutch Shell has confirmed it is cutting 10,000 jobs amid its

Kayode Ogundele Kayode Ogundele

Crude oil extends two-week slide on product glut worry

Crude prices edged lower on Monday, staying under pressure after two straight

Kayode Ogundele Kayode Ogundele

OPEC predicts higher demand for its oil in 2016

The Organisation of Petroleum Exporting Countries, OPEC on Monday predicted higher demand

Kayode Ogundele Kayode Ogundele

New AfDB chief, Nigeria’s Adesina, to focus on powering Africa

The new President of African Development Bank (AfDB), Dr Akinwumi Adesina, says

Adejoke Adeogun Adejoke Adeogun

Oil tops $60 for first time in 2015

Oil rose above $60 a barrel on Friday for the first time

Semiu Salami Semiu Salami

Nigeria’s economy is in reverse – Obasanjo

Former Nigerian president Olusegun Obasanjo has continued his spate of criticism of

Semiu Salami Semiu Salami