Iraq
Nigeria, Iraq agree to cut oil output
The Organisation of Petroleum Exporting Countries (OPEC) has agreed to trim oil output by asking over-producing members Iraq and Nigeria…
Oil hits 2-year high after Saudi Prince kicks-out officials in anti-graft probe
Oil traded near the highest level in two years, since July 2015, after Saudi Arabia’s Crown Prince, Mohammed bin Salman,…
Citigroup calls for readiness on oil squeeze
Those in the oil market fearing a flood of OPEC supply next year will probably be better off preparing for…
Crude oil price likely to remain above $50 per barrel threshold, says report
Global crude oil price is likely to remain above $50 per barrel in August from its strong rebound in July,…
UAE, Kazakhstan, Iraq, Malaysia pledge full compliance with OPEC output cuts
The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday pledged full support for the existing monitoring mechanism to fully…
Germany big target of cyber espionage and attacks: government report
Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a…
World Bank raises Nigeria’s growth forecast to 2.5% in 2017
*Claims modest rise in commodity demand, prices as driver... The World Bank has forecast that Nigeria’s economy would grow 2.5%…
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