OPEC

Oil price peaks in four months as Iran attacks US base in Iraq

CRUDE oil prices rose for the first time in four months to $71.75 per barrel, after Iran launched ballistic...

Analysis: OPEC’s proposed cuts in global oil supply may not affect oil prices

ON Thursday, the ministerial panel of key Organisation of Petroleum Exporting Countries, OPEC, producers and its allied countries OPEC+...
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OPEC predicts shrinking market sales for member nations, as India, China set to lead global oil consumption

THE Organisation of Petroleum Exporting Countries, OPEC, on Tuesday disclosed that oil demand would shift from industrialised countries to...

Budget proposal: Nigeria to breach OPEC oil cut agreement

THE Organisation of Petroleum Exporting Countries, OPEC, crude production prescription is likely to be disregarded by Nigeria as its...
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Nigeria’s economy shaky as FG reviews crude oil benchmark from $60 to $55 per barrel

NIGERIA's Minister of Finance, Zainab Ahmed on Tuesday announced that the country's crude oil benchmark which was initially pegged...

ANALYSIS: If India, Germany, others fail to buy crude oil from Nigeria, economic collapse is sure

IN January 2019, Nigeria lost one of its biggest oil trading partners, the United States,  when Washington stopped buying...
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