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 end...
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. sanctions,...
OPEC Projects to Tighter Oil Market in 2019 The research and analysis arm of the Organisation of Petroleum Exporting Countries pointed towards a much tighter market...
Tight Global Supply Pushes Oil to 5-month High on Tuesday Oil price sustained its bullish run on Tuesday following a report of violence in Libya, one of...
Nigeria Exceeds OPEC Quota in March Nigeria continues to produce more crude oil in March despite agreeing to a production cut in December 2018. OPEC and...
Kachikwu: Deal for OPEC+ Cut Extension Coming Members and non-members of the Organisation of Petroleum Exporting Countries (OPEC+) deal to curb oil production will possibly be...
Crude Oil Price Remains Steady at About $67 Despite U.S. crude inventories rising by 1.93 million barrels last week, crude oil price remained steady. Brent crude...
Oil Price: Nigeria, Others Commit to Exceed Voluntary Output Cut Nigeria and other member countries of the Organisation of Petroleum Exporting Countries (OPEC) as well as...
OPEC: Nigeria’s Bonny Light Among Top Price Earners The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s crude oil blend – the Bonny Light...
Oil Prices Gain on Production Cuts Oil prices closed higher on Wednesday following a report that oil production from the Organization of Petroleum Exporting Countries dropped...