Tag: OPEC

Forcados pipeline disruption: Nigeria risks losing N200bn in three months

As Shell Petroleum Development Corporation (SPDC) works towards the rehabilitation of the

Kayode Ogundele Kayode Ogundele

Oli price rises, bounces back as OPEC mend fences

Oil rose towards $41 a barrel on Thursday, trading close to a

Kayode Ogundele Kayode Ogundele

Oil price hits three-months high at $41.43

Oil prices rose one per cent Tuesday with benchmark Brent prices hitting

Kayode Ogundele Kayode Ogundele

FG moves to unbundle NNPC into 30 companies

The Minister of State for Petroleum Resources and Group Managing Director of

Friday Ajagunna Friday Ajagunna

Current situation in global oil market ‘totally unacceptable’ – Buhari tells OPEC

President Muhammadu Buhari on Sunday in Doha emphasised the need for member

Adejoke Adeogun Adejoke Adeogun

Nigeria, Saudi agree to freeze production to stabilise oil market

Nigerian and Saudi leaders have agreed to freeze oil production to stabilize

Suleiman Ibrahim Suleiman Ibrahim

Oil up 7 percent as support grows for Doha deal

Global oil prices rose as much seven percent on Wednesday, rebounding further

Kayode Ogundele Kayode Ogundele

Oil market will take time to stabilise, says Saudi oil minister

The Kingdom of Saudi Arabia's Minister of Petroleum and Mineral Resources, Ali

Kayode Ogundele Kayode Ogundele

Oil dips below $30 for first time in 12 years

Oil fell briefly below $30 a barrel on Tuesday, extending a relentless

Kayode Ogundele Kayode Ogundele

Oil dives below $35, lowest in 11 years, as U.S. supply swells

Crude oil prices plunged six percent on Wednesday, diving below $35 per

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