OPEC nations

Doha deal falls apart, oil prices can slide to $30 in days

Just as predicted, a deal to freeze oil output by OPEC and non-OPEC producers fell…

Bad news for Nigeria: Oil prices tumble 3%

It was bad news for Nigeria and other  oil producing nations as oil prices tumbled again.…

OPEC members, Russia to meet 20 March

Nigerian oil minister, Dr Emmanuel Ibe Kachikwu disclosed today that members of the Organisation of…

Insight: Prudent OPEC nations v profligate Nigeria

Sensible nations like individuals keep some money aside for proverbial rainy day. The profligate nations…

Venezuela seeks China's financial aid, Maduro begins visit

President Nicolas Maduro of the oil producing Venezuela, begins a trip to China and OPEC…

Oil prices: Russia's Rosneft cuts output

Russian oil giant Rosneft has trimmed its oil output amid a continued slide in crude…