The Organisation of Petroleum Exporting Countries (OPEC) will on July 12 mark the 50th anniversary of Nigeria’s membership of the…
Browsing: OPEC
The Organisation of Petroleum Exporting Countries and non-OPEC ministerial meeting has reaffirmed its commitment to a stable global market in…
Oil prices hit a two-month high on Monday lifted by A tightening US crude market and the threat of sanctions…
Nigerian oil minister Emmanuel Ibe Kachikwu said on Thursday that while a cut in OPEC production is unlikely, there is…
Former Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD), Mohammed Barkindo, is the new Secretary-General of Organisation of Petroleum…
Nigeria called on OPEC members to find a consensus on a freeze on oil production after talks among producers collapsed…
Ahead of his assumption of office as the new President of the Organisation of Petroleum Exporting Countries (OPEC), Nigeria’s Minister…
The OPEC oil producers’ cartel appeared set to maintain its output ceiling later this week, Iraq and Venezuela said here on Monday. The Organization for Petroleum Exporting Countries, whose dozen member nations together supply about one third of the…
Saudi Arabia is satisfied with current crude prices as well as global supply and demand levels, its oil minister said Monday, indicating OPEC will freeze its output ceiling. “The market is in the best position it can be,” Saudi Arabia’s Oil Minister…