Oil prices rose on Friday but pulled back sharply from early highs on concerns that continued spread of the novel coronavirus could stall the United States’...
The Organisation of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June 22 as the deadline for a...
Oil prices rose slightly Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned...
The Organisation of Petroleum Exporting Countries (OPEC), has commended the Norwegian government for its support in ensuring global oil market stability. Dr Mohammed Barkindo, OPEC Secretary-General,...
By ADEBAYO OBAJEMU French oil and gas giant, Total’s Egina will bear the largest burden of cuts as Nigeria makes an effort to achieve full compliance...
By ADEBAYO OBAJEMU Nigeria has committed to making additional oil output cuts from July to September, the Petroleum Minister, Timipre Sylva said on Saturday. In a...
OPEC kingpin Saudi Arabia and non-OPEC leader Russia said Monday that the success of the energy alliance’s latest production cuts relies on all members complying with...
The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies, known as OPEC+ have agreed to extend the 10-million-barrel-per-day (mbd) first phase of the oil output...
Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to extend record...