Saudi Energy Minister calls for stable oil prices
Saudi Arabia’s Energy Minister said on Monday that the Kingdom, OPEC’s de facto leader, would like to see stable oil ...
Tag: OPEC
Oil rises as OPEC weighs deeper output cuts
Oil prices edged higher on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output ...
Iraq, Nigeria agree to OPEC requirements over cut in oil output
Oil cartel Opec agreed on Thursday to trim oil output by asking over-producing members Iraq and Nigeria to bring production ...
Oil rises for 5th session as stockpiles fall and market awaits Fed
Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that ...
Kyari formally takes over as NNPC GMD
The 19th Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Melee Kolo Kyari, takes over from his predecessor, Maikanti ...
Nigeria, Saudi Arabia, others sign new OPEC Charter
The Organisation of the Petroleum Exporting Countries, OPEC, and the non-member countries of the organisation, OPEC, on Tuesday signed a ...
Nigeria supports 9 months extension for oil production cut
Nigeria on Monday reaffirmed its strong support for the nine month extension in oil production cut under the “Declaration of ...
OPEC reacts to Mele Kyari’s appointment as NNPC GMD
The Organisation of the Petroleum Exporting Countries, OPEC, on Thursday, congratulated Mele Kolo Kyari over his new appointment as the ...
Meet Mele Kyari, the new NNPC GMD
Mele Kolo Kyari is a Geophysicist and an expert in crude oil marketing. He is currently Nigeria’s Representative at the ...
Oil hits five-month high above $71 on Libyan supply threat
Oil hit a five-month high above 71 dollars a barrel on Tuesday, supported by concern that violence in Libya could ...