Organisation of the Petroleum Exporting Countries (OPEC)

Supplies from non-OPEC nations to determine planned production cuts

• Energy

Supplies from non-OPEC nations to determine planned production cuts

Business Hilights December 7, 2018

Thursday, delegates at of Organisation of the Petroleum Exporting Countries (OPEC) members ruled that its planned cut...

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Bonny Light maintains rising profile as OPEC raises production target from July

• Energy

Bonny Light maintains rising profile as OPEC raises production target from July

Business Hilights June 27, 2018

Whereas crude oil prices fell on Monday after the decision by the Organisation of the Petroleum Exporting...

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Oil price zooms to $75 on Saudi’s desire for international price hike

• Energy

Oil price zooms to $75 on Saudi’s desire for international price hike

Business Hilights April 20, 2018

Fuel scarcity may begin from next week in major cities if… Oil prices shut up to its...

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Fuel scarcity imminent as crude crosses $72 mark, local output rise to 1.81mbpd

• Energy

Fuel scarcity imminent as crude crosses $72 mark, local output rise to 1.81mbpd

Business Hilights April 18, 2018

Because Nigeria local fuel consumption is clearly dependent on movement of international crude prices, it has become...

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FG earns $177.5m daily, 112.5m for FAC, 65m for ECA since oil rose to $71

• Energy

FG earns $177.5m daily, 112.5m for FAC, 65m for ECA since oil rose to $71

Business Hilights January 30, 2018

As Nigeria’s oil production hits 2.5mb/d, it means that crude production now stands 1.8 million barrel per...

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OPEC membership swells as Equatorial Guinea joins cartel yesterday

• Energy

OPEC membership swells as Equatorial Guinea joins cartel yesterday

Business Hilights May 26, 2017

One of the highlights of the Thursday’s meeting of Organisation of the Petroleum Exporting Countries (OPEC) members...

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