Browsing: Organisation of Petroleum Exporting Countries-OPEC

There are indications that Federal Government may amend its N8.9 billion 2019 budget, following the recent oil output cut by…

Saudi Arabia has concluded plans to invest $100 billion in India, Nigeria’s major oil importer, thus threatening future importation from…

The price of crude oil, Sunday, hovered around $57.00, after hitting $58.00 on Saturday in the international market, as Saudi…

The price oil crude oil Wednesday dropped to $50.00, showing $10 below Nigeria’s $60 per barrel 2019 budget benchmark in…

Strong indications have emerged that the global oil market would be relatively stable, and by extension, revenue of nations, including…

Crude oil price in the international market dropped yesterday to $85.66 per barrel after hitting a four years high on…

For the first time this year, oil price has risen from $79 to $82.00 per barrel in the international market…

There are indications that the Federal Government’s oil revenue dropped by more than 297.6 per cent between the second quarter…

Nigeria, Saudi Arabia and other members of the Organisation of Petroleum Exporting Countries, OPEC, have disagreed over oil supplies as…