Nigeria to Cut Crude Oil Production After months of producing above its cap limit, Nigeria has agreed to finally cap crude oil production in accordance with...
Oil Prices Rise Amid Projected Cuts Global oil prices rose on Monday as investors predicted that Saudi Arabia, the world’s largest oil exporter, will lower output...
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 to...
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 by...
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 oil...
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, a...
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 of...
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 countries...
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 further...
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 deficit...