Tag: OPEC
Nigeria Lost N74.51bn Oil Revenue In December, Says OPEC
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A new monthly report of the Organization of the Petroleum Exporting Countries has shown a plunge in Nigeria’s crude oil...
Oil prices rise on OPEC+ cuts, record China imports
Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end...
Brent oil rises to $40 amid hopes for output cuts, recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major...
Tumbling oil prices: NECA fears Nigerian economy may contract, calls for urgent action to prevent recession
The Nigeria Employers’ Consultative Association (NECA) has expressed concern over the tumbling global oil price below the $57 on...
Oil prices fall as Russia touts easing OPEC output
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Oil fell on Monday after Russia said an OPEC-led pact may consider easing output cuts next year, but prices...
Ex-ANAN president advises new NNPC boss to end importation of petroleum products
Dr Samuel Nzekwe, a financial expert, has advised Mr Mele Kyari, New Group Managing Director, Nigerian National Petroleum Corporation...
Oil sanctions: OPEC seeks quick resolution of U.S., Iran, Venezuela conflicts
The Organisation of the Petroleum Exporting Countries (OPEC) has stressed the need for a quick resolution of the conflicts...
NNPC assures support for local companies
The Nigerian National Petroleum Corporation (NNPC) has assured that it would continue to support local companies, within the entire hydrocarbon...