OPEC

Oil prices tumble after OPEC fails to cut output

Crude oil prices dipped further on Monday after OPEC failed to agree on output targets…

OPEC floods market, Nigeria’s oil output falls

OPEC oil output has risen in November from the previous month, a Reuters survey found…

OPC forecasts supply glut shrinking next year

OPEC said its oil output fell in October and forecast supply from rival producers next…

Oil prices will rise: OPEC scribe

There is some good news for crude oil producers, including Nigeria. OPEC sees the oil…

2.28 million bpd glut in oil market: OPEC

OPEC on Tuesday raised its forecast of oil supplies from non-member countries in 2015, a…

OPEC keeps output limit at 30 million barrels

The Organisation of Petroleum Exporting Countries (OPEC) has said it has decided to maintain its…

OPEC advised to cut output as Iran set for export boost

OPEC should change course and cut oil supply by 800,000 barrels per day (bpd) or…

Saudi’s oil war is paying off

Three months after Saudi Arabia made clear it was going to let oil prices keep…

OPEC cannot protect oil price: UAE minister

OPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates…