Kachikwu secures extension for Nigeria’s exempion, as OPEC extends production cuts into 2018
The 2nd Meeting of the Organisation of Petroleum Exporting Countries, OPEC and…
Saudi Arabia, Russia push to extend oil output cuts till 2018
Saudi Arabia and Russia, on Monday, agreed on the need to extend…
Oil rises on low US inventories, Saudi cuts to Asia
Oil prices rose on Thursday, with benchmark Brent crude trading at $50.92…
World oil demand to rise – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said demand for oil…
Equatorial Guinea offer to join OPEC, agrees to production cuts
Equatorial Guinea’s Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang, was in…
OPEC, non-OPEC break 15 year-old deadlock, agree to oil cut
OPEC and non-OPEC producers on Saturday reached their first deal since 2001…
Oil price soars as OPEC agrees output cut
Oil prices shot up more than 12 percent, smashing trading volume records,…
Oil tumbles as output cut looks elusive; dollar sinks
Oil prices tumbled on Monday on fears that producer countries may fail…
OPEC agrees landmark deal to cut oil production
After about 48 hours of a grueling meeting of the Organization of…
Nigeria earns N1.7tr from crude oil export in Q2
Oil and gas accounted for 92.9 per cent of the Nigeria’s export…