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Oil prices drop over 3% as OPEC+ nations raise output
Oil prices fell sharply on Monday, May 5, 2025, after eight oil-producing countries under…
OPEC+ countries to raise oil production in June despite price fears
Eight major oil-producing countries under the Organisation of the Petroleum Exporting Countries + group…
OPEC reveals real reason behind high fuel prices in Nigeria
The Secretary General of the Organization of the Petroleum Exporting Countries, Haitham Al Ghais,…
Nigeria to produce 1.5m barrels of oil daily in 2024 – OPEC
The Organisation of Petroleum Exporting Countries has announced that Nigeria is projected to produce…
JUST IN: OPEC+ meeting called off amid Saudi-UAE clash
The Organization of Petroleum Exporting Countries and Allies (OPEC+) was expected to meet today…
Oil prices rise on OPEC+ output cuts
Oil prices extended gains on Thursday as the OPEC+ alliance of major producers stuck…
Oil rises after OPEC warn members to stick to quotas
Oil prices rose for the fourth day in a row on Friday, putting crude…
Oil moves higher as storm threatens U.S. Gulf Coast
Oil prices rose on Monday as a tropical storm in the Gulf of Mexico…
OPEC commiserates with Buhari over Kyari’s death
The Organisation of Petroleum Exporting Countries (OPEC) has commiserated with President Muhammadu Buhari over…
OPEC’s daily basket oil price falls to $16.87 a barrel
The Organization of the Petroleum Exporting Countries (OPEC) said on Thursday its daily basket…
Coronavirus: US crude falls below $20
Crude oil fell sharply on Monday with U.S. crude briefly dropping below $20 and…
Saudi Arabia, Russia price war crashes oil price to $33 in 11 hours
Oil fell by the most since 1991 on Monday after Saudi Arabia started a…
Former NNPC boss becomes OPEC Secretary-General
Former Group Managing Director of the Nigerian National Petroleum Corporation from 2009 to 2010,…