OPEC

Oil rises on hopes for non- OPEC output cuts

Oil prices extended gains on Friday on optimism that non-OPEC producers would agree to cut…

Oil hits $55.33 after OPEC agreement

Crude rose above 55 dollars a barrel as rising prospects of a tightening market after…

Oil prices surge as OPEC and Russia agree on production cut

An agreement between oil producer club OPEC and Russia to produce less to drain a…

OPEC to cut oil production by 1.2mb/d

After seven hours of deliberation, the Organisation of Petroleum Exporting Countries (OPEC) has agreed to…

Trump: OPEC’s job may become tougher

Pulitzer Prize-winning U.S. oil historian, Daniel Yergin, on Wednesday, said OPEC’s job of trying to…

In picture: Buhari receives New Secretary General of OPEC, Nigeria’s Barkindo

On Tuesday 21 June 2016, President Muhammadu Buhari receives in audience the New Secretary General…

Buhari to meet Saudi, Iran, others for crude output deal

President Muhammadu Buhari and his minister of state for petroleum will embark on shuttle diplomacy…

Mohammed Barkindo of Nigeria becomes next OPEC secretary

Nigeria has nominated Mohammed Barkindo, a former head of  NNPC, as the next secretary general…

Iran targets 4mln bpd, then oil output freeze: Minister

Iran's Oil Minister Bijan Zanganeh said his country would join discussions between other producers about…

Non-OPEC output declines, prices bottom out, says IEA

Oil prices might have bottomed as production declines in the United States and other non-OPEC…