News

The eight countries participating in the voluntary production reduction within OPEC+ are committed to market stability, ...
Falling oil prices, driven by Trump's policies and increased OPEC+ output, have reached pandemic-era lows, benefiting ...
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Opec+ is accelerating the rollback of oil production cuts, adding 411,000 b/d in July, as Saudi Arabia pushes to restore ...
The OPEC+ alliance is reportedly weighing a more substantial oil production boost for July, potentially exceeding the ...
Eight OPEC+ member countries, including Iraq, met virtually on Saturday to review global market dynamics and outlook.
The Naira suffered a significant loss in the parallel market, closing at N1,630/$1 on Friday, May 30, 2025, after several ...
The eight Opec+ countries that voluntarily restricted their oil production agreed on Saturday to increase their combined ...
U.S. President Donald Trump's tariffs, his famous call to 'drill baby drill,' but particularly a decision by a group of the ...
Commodity markets now turn to the upcoming US labour report for policy signals, following early signs of a rebound in Q2 with ...
Having spent years curbing production - more than 5 million barrels a day (bpd) or 5% of world demand - eight OPEC+ countries made an modest output increase in April before tripling it for May, June a ...
US President Donald Trump’s tariffs, his call to “drill baby drill” and especially a decision by Opec+ to hike crude output ...