
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...

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...