Goldman Sachs Group, an American multinational investment bank and financial services company, has revised down its Brent oil price projection for the third quarter (Q3) of...
OPEC+ left oil consumers in limbo, sticking to its plan of monthly production increases until July but refusing to give any hints about further moves until...
The Organisation of Petroleum Exporting Countries (OPEC) yesterday lifted its forecast on its members’ crude this year by over 200,000 bpd and now expects demand for...
Oil prices rose in early trade on Wednesday, adding to overnight gains, after industry data showed U.S. oil inventories declined more than expected and OPEC raised...
Nigeria and other participating countries in the Declaration of Corporation by member and non-member nations of the Organisation of Petroleum Exporting Countries have so far reduced...
Organization of the Petroleum Exporting Countries (OPEC) Secretary General Mohammed Sanusi Barkindo on behalf of his organisation and its members, addressed a congratulatory message to the...
Oil Jumps to $67.70 as OPEC+ Extends Production Cuts Brent crude oil, against which Nigerian oil is priced, rose to $67.70 per barrel on Thursday following...
OPEC Once Again Lowers Oil Demand for 2021 The Organisation of Petroleum Exporting Countries (OPEC), projected yesterday that world oil demand in 2021 will rebound more...
Oil Prices Fall Further as Caution From OPEC and IEA Ends Rally Oil prices fell a second day on Friday, extending losses after OPEC cut its...
Oil Prices Climb to a Year-High on Friday Oil prices rose to a year-high on Friday as supplies continue to fall amid signs of economic recovery...