Business Coronavirus: Again, Saudi Arabia cuts oil output, asks OPEC+ to follow suit Oluwadamilare Emmanuel May 13, 2020 Saudi Arabia said on Monday it would add to existing oil output cuts by reducing production by another 1 million bpd next month —!-->…
Brent hits $45 as OPEC, Russia disagree on daily production cuts Oluwadamilare Emmanuel Mar 7, 2020 Oil prices took a worse turn on Friday evening after Russia rejected the proposal to cut daily oil production by 1.5 million!-->…
Crude Oil Prices Rebound as OPEC Push for Further Cuts Oluwadamilare Emmanuel Feb 6, 2020 Major crude futures prices returned to gaining ways by 3 percent on Wednesday as the Organization of the Petroleum Exporting!-->…
OPEC May Allow Nigeria Extend Oil Cap till June 2020 Oluwadamilare Emmanuel Nov 27, 2019 Nigeria is set to retain its 1.7 million barrels per day quota as the Organisation of the Petroleum Exporting Countries (OPEC)!-->…
OPEC reduces Nigeria’s oil production quota to 1.68 million bpd from… Oluwadamilare Emmanuel Dec 21, 2018 Nigeria is expected to cut its crude oil production by 3.04 per cent to 1.685 million barrels per day for the first half of next…
OPEC output rises on Nigeria, Kuwait supplies Olusegun Kugbayi Aug 14, 2018 Oil production from the Organisation of Petroleum Exporting Countries (OPEC) rose in July, despite supply shortfalls from Libya,…
Donald Trump Set To Tackle OPEC Cecilia Oluyori Apr 21, 2018 President Donald Trump has set his sights on the Organization of Petroleum Exporting Countries (OPEC), which Nigeria is a member…