Tag: opec
Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement. SEE ALSO: Vietnam’s phone export down 8.8% in 5 months The Minister ...
Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May. SEE ALSO: AfDB, ...
Oil producing group OPEC begins a two-day meeting Thursday, along with its non-OPEC allies led by Russia, to decide whether to extend and deepen oil production cuts. SEE ALSO: Dow futures point to more than 100 ...
As oil prices sank about 14 percent last week alone and the Brent hit a twelve-month low on the back of the coronavirus outbreak, the Organization of Petroleum Exporting Countries (OPEC) is meeting in Vienna ...
The Organisation of the Petroleum Exporting Countries (OPEC) said on Monday that oil and gas remained part of key solutions in combating climate change. Secretary General of the organisation, Mr Mohammad Barkindo, stated this in ...
The Organization of Petroleum Exporting Countries (OPEC ) on Monday night announced the re-election of Nigeria’s Mohammed Barkindo as Secretary General for a three-year tenure. Barkindo, who is an accomplished oil technocrat with a wealth ...
Nigeria on Monday reaffirmed its strong support for the nine-month extension of oil production cut under the “Declaration of Cooperation’’, which seeks to improve global oil market stability among members of the Organization of the ...
Oil prices were up on Monday as OPEC and its allies looked on track to extend supply cuts until at least the end of 2019 at their meeting in Vienna this week. Brent crude futures ...
Oil prices fell on Thursday to erase some of the previous session’s strong gains, as traders wait for the G20 summit in Japan and for a meeting of OPEC and other crude producers to decide ...
Talks between OPEC and its allies next month about whether to extend their pact on cutting oil supplies “won’t be easy” and may be complicated by the situation facing Iran and Venezuela, Kazakh Energy Minister ...
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