OPEC

Brent crude steadies at $40; good news for Nigeria

*OPEC targets $50 oil Despite weak Chinese trading data, the price of Brent  crude remained…

OPEC nightmare: US shale oil producers vow return if prices hit $40

Is a $50 oil possible this year? Not likely suggests this insightful piece by Reuters,…

US shale producers obstacles to oil price rally: OPEC scribe

Any appreciable price gain that is expected to follow OPEC and non-OPEC producers deal to…

Oil prices rally on back of planned output curbs

Oil prices rose on Monday extending a rally triggered last week by speculation that OPEC…

Oil price jumps above $30

There was a flicker of hope for oil producers such as Nigeria today as the…

As oil wobbles, OPEC split over emergency meeting

The United Arab Emirates moved to quash talk of a potential emergency meeting of the…

$10 per barrel oil not far away: Analysts

Crude oil prices fell below $31 today,  levels not seen in over a decade. The…

OPEC members request emergency meeting, says Kachikwu

Dr Ibe Kachikwu, Nigeria's oil minister said on Tuesday that a "couple" of members of…

Oil prices could go up within a year, says OPEC secretary

Global crude oil prices at seven-year lows will not continue and could swing upwards in…