IEA says OPEC+ Cuts put floor under Oil Prices
The International Energy Agency (IEA) has said that the OPEC+ cuts that started this month likely put a floor beneath ...
Tag: OPEC
Nigeria’s net revenue lowest among OPEC members
Nigeria’s net revenue are currently the lowest among members of the Organisation of Petroleum Exporting Countries (OPEC) with capita net ...
Oil prices fall after EIA confirms crude inventory build
After yet another surprise report—this time of an inventory build—from the American Petroleum Institute weighed on prices yesterday, the Energy ...
Oil prices could hit $100 despite increased production from OPEC, allies
The highly volatile oil market might be faced with more volatility in the coming months as oil analysts say that ...
OPEC’s Barkindo says excess oil in OECD economies dropped by 268 mb in 2017
SANUSI BARKINDO, SECRETARY general of the Organisation of Petroleum Exporting Countries (OPEC) has stated that there was a 268 million ...
Global trade barriers, continued growing debt levels to impact negatively on H2, 2018, OPEC says
Ayobami Adedinni The re-emergence of global trade barriers, continued growing debt levels and potentially rising volatility in asset markets amid ...
OPEC’s Barkindo says Southern Gas Corridor changing energy landscape
Mohammad Sanusi Barkindo, the Organisation of Petroleum Exporting Countries, (OPEC) secretary general, has said the Southern Gas Corridor is changing ...
OPEC, non-OPEC members’ oil cut deal hit over 130%
The level of conformity to the Declaration of Cooperation by Organisation of Petroleum Exporting Countries (OPEC) and Non-OPEC has hit ...
Oil rises above $68, highest since May 2015
Global oil benchmark, Brent crude, extended its gains on Tuesday, trading near $69 per barrel on the back of production ...
Black gold managers reel out expectation for 2018
Ministers of oil resources in Organisation of the Petroleum Exporting Countries (OPEC), have reeled out expected challenges for the global ...
