The Organisation of Petroleum Exporting Countries (OPEC) on Thursday experienced a major crack with one of its members, Angola, announcing its exit from the oil cartel...
OPEC has once again denied media accreditation to reporters from three major financial news outlets, including Bloomberg, Reuters and The Wall Street Journal, to cover next...

Data from the Organisation of Petroleum Exporting Countries (OPEC) showed on Thursday that Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when...

OPEC+ has reached agreement to raise a largely insignificant oil output by 100,000 barrels per day in what analysts described as an insult to U.S. President...

Nigeria’s president, Muhammadu Buhari on Tuesday, received in audience, the outgoing OPEC Secretary-general, Mr Mohammed Sanusi Barkindo, at the State house, Abuja. Barkindo, a Nigerian politician...
The Organisation of Petroleum Exporting Countries (OPEC) disclosed on Tuesday that Nigeria reported only 1.024 million barrels per day production in May. But while direct country...

Adebayo Obajemu According to reports, the price of OPEC basket of thirteen crudes was at $121.54 a barrel on Wednesday, compared with $120.16 the previous day,...
Adebayo Obajemu The ongoing Russian military campaign in Ukraine has further rocked global economy with devastating effect. Apart from the rising food shortages globally as a...

The Organisation of Petroleum Exporting Countries (OPEC) in a recent report said Nigeria has regained the top spot among crude oil producing countries in Africa with...