OPEC

OPEC suggests sustained alliance with Russia, non-producers for market stability

Mohammed Barkindo, OPEC Secretary-General suggested Monday that the oil group may continue its alliance with Russia and other non-OPEC producers, but…

IEA sees U.S. oil output fulfilling most of world’s growing appetite for the next 5 years

Oil demand will keep expanding over the next five years, and the United States will fulfill most of the world's…

Nigeria now world’s largest importer of petrol- NNPC DG

Maikanti Baru, Nigeria state oil company's Group Managing Director said the country is the only member country in the Organisation of…

Crude oil prices still under pressure amid concerns over U.S. production levels

Crude oil prices were still under pressure on Friday, amid ongoing concerns over U.S. production levels and fresh worries over…

Crude oil prices hover near 1-week lows in cautious trade

Crude oil prices were hovering near one-week lows on Thursday, as investors remained cautious due to sustained U.S. dollar strength…

Oil Prices flat in Asia Thursday early trade, capped by growing U.S. production

Oil prices were mostly flat Thursday morning in Asia, rising and dipping only marginally amid larger-than-expected U.S. crude build-up. Crude…

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