By Adedapo Adesanya Oil prices soared by about 2 per cent on Monday as the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) decided...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, to which Nigeria belongs, agreed on Sunday to extend a...
By Adedapo Adesanya The oil market fell slightly on Monday, as demand headwinds outweighed a widely expected extension of voluntary output cuts through the middle of...
By Adedapo Adesanya Crude oil appreciated by about 2 per cent on Friday as traders awaited a decision from the Organisation of the Petroleum Exporting Countries...
By Adedapo Adesanya Oil dipped on Thursday, extending losses on expectations that the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) might not deepen...
By Adedapo Adesanya The African Petroleum Producers Organisation (APPO) has supported the recent decision by the Organisation of the Petroleum Exporting Countries and allies (OPEC+) to...
By Adedapo Adesanya Oil prices rose more than 1 per cent on Thursday, holding at three-week highs after it was agreed to tighten global supply with...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) agreed on Tuesday to continue gradually easing production cuts amid a rebound...
By Adedapo Adesanya The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organisation of the Petroleum...
By Adedapo Adesanya Last week, prices of both the Brent crude and the US West Texas Intermediate (WTI) crude initially dropped on oil demand recovery worries...