OPEC

OPEC ponders how to co-exist with U.S. shale oil

First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas.…

Oil traders punish OPEC for promising too much

As OPEC's latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of…

OPEC disappointment hits oil, stocks; sterling down on UK vote jitters

Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement…

Diversify revenues, not economy, SBM Intel report urges government

The Federal Government has been urged to understand that its biggest challenge is not diversifying an already diversified economy, but…

OPEC should watch Glencore’s Bunge jump

Glencore PLC's designs on Bunge Ltd. have roiled the grain-trading world. Anyone with an interest in oil might also find…

OPEC considering whether to cap Nigerian oil output – delegates

OPEC is debating on Thursday whether to include Nigeria in its pact to restrict oil production, two OPEC delegates said.…

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