OPEC

Nigeria’s crude oil production rose in February – OPEC

Nigeria’s crude oil production rose in February – OPEC Nigeria’s crude oil production rose to 1.476 million barrels per day…

2 months ago

Worry as Nigeria’s oil rigs count stagnates

Nigeria’s oil rigs count has stagnated at 13 during the month, the latest data from the Organisation of Petroleum Exporting…

1 year ago

Nigeria, others to benefit from $2 billion OPEC Fund

Nigeria and other African countries may benefit from donor-assisted funding by the OPEC Fund for International Development (OFID), The Nation had learnt.…

2 years ago

BREAKING: OPEC Secretary General, Muhammad Barkindo, Is Dead

Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo, is dead. He died at about 11…

2 years ago

With Almost 700,000 Daily Under-production, Nigeria, Angola Account for Half of OPEC’s Oil Supply Gap

Almost half the shortfall in planned oil supply by the Organisation of Petroleum Exporting Countries (OPEC) and its allies is…

2 years ago

Oil prices fall to $81.88 on OPEC output increase

Crude oil prices fell to $81.88 as the Organisation of the Petroleum Exporting Countries and its allies agreed to continue…

2 years ago

Cooking gas, diesel prices may rise further as crude hits $84/barrel

There are fears prices of cooking gas and diesel may rise again following the continued increase in crude oil prices…

3 years ago

Price of Nigeria’s brand of crude hits $80.70 per barrel

The price of Bonny Light, Nigeria's brand of crude oil, has risen to $80.73 per barrel, from $77.86, barely 24…

3 years ago

NIgeria’s daily oil production hits 1.57 million barrels

Nigeria and several other members of the Organisation of the Petroleum Exporting Countries exceeded their oil production quotas in March,…

3 years ago

Oil price rises to $71.38 after Saudi facility attack

Oil price Monday morning rose to over $71 a barrel at the international market for the first time in 14…

3 years ago