OPEC

OPEC’s Barkindo says Southern Gas Corridor changing energy landscape

Mohammad Sanusi Barkindo, the Organisation of Petroleum Exporting Countries, (OPEC) secretary general, has said the Southern Gas Corridor is changing…

Nigeria’s Forcados outages register in OPEC’s May production as cartel’s output hits 13-month low

A force majeure on Bonny Light crude exports by Shell in Nigeria, as well as delays in crude loading at…

Analyst says OPEC unlikely to open oil taps in June

As a result of the Organisation of Petroleum Exporting Countries' (OPEC) keen observation of ongoing geopolitical events that could impact…

What’s motivating OPEC members to increase oil production?

Oil prices fell last week and have continued to fall this week after Saudi Arabia and Russia announced that OPEC…

Outlook for oil still bullish despite Saudi-Russia crude plan, says Goldman Sachs

Goldman Sachs Group Inc., leading global investment banking, securities, and investment management firm, has called bullish outlook for oil despite…

Saudi Arabia, Russia consider easing crude oil supply curbs

Saudi Arabia and Russia are prepared to ease oil production cuts, which have pushed crude prices to their highest since…

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