OPEC

Strong indication has emerged suggesting hard times for the smooth running of the 2020 budget which is expected to ride on stable…

The African Energy Chamber (AEC) Tuesday salutes the re-appointment of Nigerian Mohammed Barkindo as Secretary General of OPEC and…

After a year of rebound and recovery, Africa’s old and new hydrocarbons markets seem to have opportunity to further entrench the…

Global oil prices rose on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply toward…

Global oil prices rose by about one percent on Monday after top exporter, Saudi Arabia announced a cut in supply for December…

Oil prices rose on Monday as U.S. markets tightened just weeks ahead of Washington’s plan to impose new sanctions against Iran,…

…Seals $3bn fresh industry deal in Vienna At a time under-recovery payments (subsidy) are rising on a daily basis, the Federal…

As OPEC executives continue their meeting in Vienna Austria today, crude oil prices recovered some day-earlier losses in Asia on…

Vice President Yemi Osinbajo has called on African countries to workout modalities for restructuring the current operational style…

Oil prices dipped on Thursday, after sharp gains in the previous session, weighed down by a surprise increase in U.S. crude oil…