The latest production cuts by the Organisation of Petroleum Exporting Countries (OPEC) will prompt a draw in oil inventories, sending prices…
Browsing: Oil Prices
Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and…
Most major stock markets in the Gulf rose in early trade on Wednesday, tracking Asian shares and oil prices higher,…
Oil prices steadied on Wednesday, as geopolitical tensions following an attack on an oil tanker off the coast of Oman…
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the…
Confirming concerns about Nigeria’s production challenges, the Organization of Petroleum Exporting Countries (OPEC’s) Monthly Oil Market Report (MOMR), published yesterday,…
•Kuwaiti’s Al-Ghais appointed to succeed Barkindo as OPEC’s secretary-general Oil prices remained bullish yesterday rising above $79 per barrel, spurred…
•New rate almost doubles 2021 budget benchmark of $40pb Oil prices rose over three per cent yesterday on hopes that…
The planned Monday meeting of the Organization of the Petroleum Exporting Countries and its allies has been postponed without a…
The uptick in oil prices is indicative of a recuperating economy, after an ‘interregnum’ triggered by COVID-19. But for Nigeria,…