OPEC

Asia gives oil prices a little bounce, but for short while

US oil prices recovered slightly in Asia Tuesday after the US contract fell below the…

Algeria urges OPEC cut oil output

The Organization of Petroleum Exporting Countries (OPEC) should cut oil output to push prices up,…

Let oil price fall to $20, OPEC will not cut production: Saudi Arabia

OPEC will not cut oil production even if the price drops to $20 a barrel…

OPEC member blames 'irresponsible' non-members for oil glut

"Irresponsible" levels of output by producers from outside the OPEC oil cartel is among the…

Significance Of Alison Madueke’s OPEC Conference Presidency

By Angela Agoawike On January 1, 2015, Nigeria’s Minister of Petroleum Resources and current Alternate…

OPEC: market fundamentals don't justify sliding prices

The rise in oil supplies on global markets does not justify the sharp drop in…

Nigeria needs a new oil market strategy: Alison-Madueke

Mrs Diezani Allison-Madueke, Nigeria's oil minister and conference President, Organisation of Petroleum Exporting Countries (OPEC),…

London stocks surge as oil prices rise

London's stock market rebounded on Tuesday, as shares in heavyweight energy companies recovered thanks to…

China's manufacturing data sink oil prices further

Oil tumbled to new multi-year lows in Asia on Monday, extending a sharp sell-off last…

Russia to stick with oil output

OPEC's decision to abstain from cuts in oil production has forced Russia not to proceed…