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Nigeria ready for output cuts as OPEC mulls deeper cuts to rebalance market
Amid current global oil glut that have seen oil prices…
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Commodities wrap-up: June 26
The week began on a losing note, making it the…
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Oil revenues from producing states make up 41% of N418.8bn shared by FG in May
Nine oil producing states, including Lagos, contributed N174.99 billion (or…
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Oil, gold and bitcoin
The falling price of oil did not garner any mainstream…
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OPEC has few escape routes from another bear market in oil
Oil’s back in a bear market and investors remain unmoved…
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Oil market heading in right direction, says Saudi’s energy minister
Saudi Energy Minister Khalid al-Falih said the oil market is…
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Falling oil prices may hurt external reserves, CBN naira defence policy
The consistent fall in global oil prices in the past…
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OPEC hopeful on outcome of production cuts, see uptick in demand, price rally
Member countries of OPEC, including Nigeria, which have continued to manipulate…
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Compliance concerns seen scuttling OPEC’s production cuts as Gulf row deepens
The continued rising tensions in the Gulf region might risk…
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Oil prices heading for third week of losses as OPEC struggles to clear global surplus
Global oil prices are seen to be heading for a…
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