Oil Prices Rise on Trade Comments
Oil Prices Rise on Trade Comments Crude oil prices rose on Monday after the US President said the US and Chinese representatives are discussing how…
OPEC
Nigeria’s Oil Production Rises by 8% to 1.95 Million bpd
Nigeria’s Oil Production Rises by 8% to 1.95 Million bpd The Organisation of Petroleum Exporting Countries on Friday said Nigeria’s total crude oil production grew…
OPEC Agrees to Extend Production Cuts to 2020
OPEC Agrees to Extend Production Cuts to 2020 The Organization of the Petroleum Exporting Countries (OPEC) and ten other non-OPEC members have agreed to extend…
Crude Oil Reserves Decline by 481m Barrels in 2018
Crude Oil Reserves Decline by 481m Barrels in 2018 Nigeria’s crude oil reserves declined from 37.453 billion barrels in 2017 to 36.972 billion in 2018,…
OPEC Cuts Oil Demand Outlook
OPEC Cuts Oil Demand Outlook The Organisation of Petroleum Exporting Countries has cut its forecast for global oil demand growth and warned of a risk…
OPEC Calls for Adherence to Oil Output Deal
OPEC Calls for Adherence to Oil Output Deal The Organisation of Petroleum Exporting Countries (OPEC) has called on its member countries as well as non-OPEC…
OPEC Expects Tighter Oil Market Amid Renewed Geopolitical Tensions
OPEC Expects Tighter Oil Market Amid Renewed Geopolitical Tensions The Organisation of Petroleum Exporting Countries has said it expects the global oil market to tighten…
Oil Prices Dip On Output Concern
Oil Prices Dip On Output Concern Global oil prices fell on Friday after reports showed some OPEC members will raise oil production to balance Iran…
Iran Sanctions: Trump Pushes Oil To $74 a Barrel
Iran Sanctions: Trump Pushes Oil To $74 a Barrel Oil price rose on Tuesday to a six-month high after President Donald Trump announced he would…
U.S. to Eliminate Iran Oil Waivers After May 2 Expiration
U.S. to Eliminate Iran Oil Waivers After May 2 Expiration The Trump administration won’t renew waivers that let countries buy Iranian oil without facing U.S….