Tag: OPEC

Saudi Arabia’s oil minister,Khalid Al-Falih is confident that an agreement by producers to curb crude output and shrink a market ...

Nigeria will be seeking a six-month extension of the exemption it got from the production freeze agreement reached by the ...

Oil rose toward $56 a barrel on Monday, supported by another shutdown at Libya's largest oilfield over the weekend and ...

Algeria have met its commitments to reduce oil production within the framework of the Vienna agreement between OPEC members and ...

Fresh fighting by armed groups in Libya has threatened oil production and supply. Eleven percent of crude output is believed to ...

Nigeria may lose the oil production exemption granted it and Libya by the Organisation of Petroleum Exporting Countries (OPEC) as ...

Nigeria’s foreign reserves have hit the $30 billion mark, the second time since President Muhammadu Buhari assumed office in May ...

The United States almost tripled the volume of crude oil bought from Nigeria last year. This comes seven years after ...

It's the beginning of the seventeenth National Oil and Gas Summit in Abuja, and this boardroom is filled with top ...

About six thousand delegates from about twenty countries are expected to converge on Abuja for the sixteenth National Oil and ...