OPEC
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News
As Shocked Nigerians Grapple with Barkindo’s Sudden Death, Tributes Pour from Global Oil Players
By Damola Emmanuel It was few weeks to the expiration of his six-year tenure as the Secretary-General of the Organisation…
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News
OPEC Applauds Buhari, NASS on PIB
The Organisation of Petroleum Exporting Countries (OPEC) has commended President Muhammadu Buhari and the National Assembly on the passage of…
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News
OPEC+ Approves Increase in Oil Output in May
Oil-producing countries grouped together under the OPEC+ alliance led by Saudi Arabia and Russia agreed on output increases as of…
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Business
WTI Crude Breaks $60 a Barrel on Oil Supply Worries
US oil prices rallied past $60 a barrel on Monday for the first time in more than a year, fuelled…
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Business
Buhari Justifies Borrowing To Fund Infrastructure
President Muhammadu Buhari, Tuesday, justified government borrowing to finance infrastructure, asserting that his government took loans in the interest of…
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Guest Columnist
President Buhari Focused on Nation Building And Unity of Nigeria, By Femi Adesina
To state that we live in challenging times is perhaps an understatement and does very little justice in accurately capturing…
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Foreign
OPEC, Allies Agree To Extend Oil Production Cut
OPEC members led by Saudi Arabia and other key oil producers agreed Saturday to extend historic output cuts through July.…
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Business
COVID-19: Oil Hits Lowest This Century As Coronavirus Bites Hard
Oil slumped to less than $16 a barrel on Wednesday, hitting its lowest since 1999, with the market awash with…
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Foreign
OPEC Says Oil Market Is Going Through Extreme Shock
The OPEC oil cartel said Thursday that the world market for crude is undergoing an unprecedented jolt due to coronavirus…
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Business
Oil prices fall as OPEC meeting begins
(Reuters/NAN) Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by…
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