OPEC

Compliance concerns seen scuttling OPEC’s production cuts as Gulf row deepens

The continued rising tensions in the Gulf region might risk the Organisation of Petroleum Exporters’ (OPEC’s) oil production cuts agreement,…

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 third consecutive week of losses as rising supplies from the…

Nigeria taps $300m Diaspora bond to finance deficit

*Plans international road show next week The Debt Management Office (DMO) has announced that it would start an international road…

U.S. oil exports double forcing a new disruptive era in global markets

The pace of the United States’ oil exports hitting an average of one million barrels a day this year is…

Equatorial Guinea calls on African nations to join OPEC

OPEC’s newest member, Equatorial Guinea called on fellow African producers to band together in protecting the value of their oil resources…

Nigeria’s oil export gets boost as Shell lifts Forcados force majeure

Royal Dutch Shell Tuesday lifted the force majeure on exports from the Trans Forcados pipeline, which has been closed since…

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