OPEC

OPEC+ to discuss deeper oil cuts on Thursday: Iraq minister

OPEC and its allies will discuss whether there is a need for deeper cuts in oil production when they hold…

OPEC’s Barkindo welcomes reforms taking place at NNPC

Reforms currently taking place at the Nigerian National Petroleum Corporation (NNPC), the country’s state-owned oil company, have been welcomed by…

Oil prices gain after days of decline

Hope rises for oil exporting countries as crude oil rose on Friday after two days of declines, buoyed following data…

Nigeria reaffirms commitment to OPEC production agreement

Nigeria has reaffirmed its commitment to production adjustments agreement under the declaration of cooperation (DoC). The agreement was reached between…

Cocoa’s OPEC moment puts market on track for boom and bust

The world’s two biggest cocoa producers are taking unprecedented steps to exert more control on the market in a bid…

Barkindo says oil prices rising on perceived supply shortages amid OPEC’s revised oil demand forecast

Current oil prices reflect market "perceptions" of a potential supply shortage rather than an actual inability of Organisation of Petroleum…

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