
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...

Brent crude futures rose 21 cents to $71.39 a barrel by 1:05 p.m. EDT (1705 GMT). U.S. West Texas Intermediate (WTI) crude futures rose 28 cents...
The Naira depreciated slightly by 0.05 per cent on Friday to N363.92 against the dollar from $/N363.74 the previous day at the Investors’ and Exporters’ Foreign...
Oil prices have hit a four-year high of over $81 a barrel after Saudi Arabia and Russia rejected calls by Donald Trump to increase production. Brent...

Reuters Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth....

FELIX OLOYEDE Continuous drop in US reserve and higher demand caused oil price to reach three year high on Thursday. Crude oil rose 0.88 per cent...