By Modupe Gbadeyanka Minister of Oil in Kuwait, Mr Issam Almarzooq, has disclosed that Nigeria and Libya may be asked to put a limit to their...
By Modupe Gbadeyanka The price of OPEC basket of thirteen crudes stood at $49.54 a barrel on Wednesday, compared with $48.84 the previous day, according to...
By Dipo Olowookere Nigeria has been excluded from the cut in oil production barrier put in place by the Organization of the Petroleum Exporting Countries (OPEC)....
By Modupe Gbadeyanka The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed in its monthly oil market report that Nigeria’s crude oil production has reached...
By Dipo Olowookere Oil prices resumed their downward spiral Tuesday after OPEC sparked fresh worries about an oversupply crisis with a forecast that global output will...