Nigeria is producing 1.6 million to 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of the Nigerian National Petroleum Corporation said...
By UCHE CHRIS Since the details of the 2020 budget were first released through the Medium Term Expenditure and Fiscal Paper, MTEF, for the budget years...
Oil prices fell to $59 on Thursday after a meeting of the Organisation of Petroleum Exporting Countries (OPEC) and its allies took no decision on deepening...

OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted...
By Adebayo Obajemu Oil dropped below $65 a barrel on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes...
…as oil price fails to gain from quota agreement By UCHE CHRIS Hope that the 2019 budget may be revived seems to be vanishing as the...

Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing...

The Organisation of the Petroleum Exporting Countries (OPEC) and the non-member countries of the organisation (OPEC+) on Tuesday signed a draft `Charter of Cooperation’ in a...

OPEC is expected to roll over a deal on cutting supplies at a meeting next week and discuss deepening the curbs that have been in place...