Wednesday, May 22, 2019
Home Tags OPEC

Tag: OPEC

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 oil prices, but that...

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 put at $132 per...

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 Information Administration confirmed a...

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 there is a chance...

OPEC’s Barkindo says excess oil in OECD economies dropped by 268...

SANUSI BARKINDO, SECRETARY general of the Organisation of Petroleum Exporting Countries (OPEC) has stated that there was a 268 million barrels drop in excess...

Global trade barriers, continued growing debt levels to impact negatively on...

Ayobami Adedinni The re-emergence of global trade barriers, continued growing debt levels and potentially rising volatility in asset markets amid ongoing monetary tightening, are...

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 the energy landscape in...

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 over 130 percent, Mohammad...

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 cuts led by the...

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 oil sector in 2018. The...

MOST POPULAR

HOT NEWS