Organisation of Petroleum Exporting Countries

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19h
Gulf News
Oil heads for third weekly gain as Opec says market is improvingoil futures were little changed in New York, leaving them 1.3 per cent higher t
Gulf News / Posted 19 hours ago
oil futures were little changed in New York, leaving them 1.3 per cent higher this week. It’s critical for the Organisation of Petroleum Exporting Countries to maintain focus and fully implement their agreed curbs, Secretary General... Read more
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2d
AllAfrica.com
At $56 Per Barrel, Crude Oil Set for Highest Gain Since 2004oil headed for its largest third-quarter gain in 13 years as prices rose wednes
AllAfrica.com / Posted 2 days ago
oil headed for its largest third-quarter gain in 13 years as prices rose wednesday after the Iraqi oil minister said the Organisation of Petroleum Exporting Countries (OPEC) and its partners are considering extending or deepening output cuts... Read more
93 related articles
6d
Gulf News
IEA sees risk of volatile oil prices on weak upstream investmentAtkinson said the pace of growth will slow but possibly from a higher base than
Gulf News / Posted 6 days ago
Atkinson said the pace of growth will slow but possibly from a higher base than the agency thought a few months ago. The Organisation of Petroleum Exporting Countries and suppliers including Russia and Bahrain agreed in December to curtail output... Read more
8d
AllAfrica.com
Crude Won't Be an Income Resource in 10 Yearsthe modular refineries." The minister said current production was 1.6 million
AllAfrica.com / Posted 8 days ago
the modular refineries." The minister said current production was 1.6 million barrels per day but with recent fluctuations, it was inevitable that Nigeria would get more crude-cut exemptions from the Organisation of Petroleum Exporting Cou... Read more
9d
AllAfrica.com
Kachikwu Says Nigeria's Exemption From Further Crude Cuts Inevitableof State for Petroleum Resources, Dr Ibe Kachikwu, on Wednesday said Nigeria wo
AllAfrica.com / Posted 9 days ago
of State for Petroleum Resources, Dr Ibe Kachikwu, on Wednesday said Nigeria would get more crude-cut exemption from the Organisation of Petroleum Exporting Countries (OPEC). Nigeria has been exempted twice, the first time for six months and the... Read more
118 related articles
9d
AllAfrica.com
Kachikwu Says Nation Undergoing Massive Problems in Terms of Liquidity, Income...of State for Petroleum Resources, Dr Ibe Kachikwu, on Wednesday said Nigeria wo
AllAfrica.com / Posted 9 days ago
of State for Petroleum Resources, Dr Ibe Kachikwu, on Wednesday said Nigeria would get more crude-cut exemption from the Organisation of Petroleum Exporting Countries (OPEC). Nigeria has been exempted twice, the first time for six months and the... Read more
118 related articles
9d
AllAfrica.com
Nigeria Wants Further Oil Cut Exemption From Opecof State for Petroleum Resources, Ibe Kachikwu, on Wednesday said Nigeria would
AllAfrica.com / Posted 9 days ago
of State for Petroleum Resources, Ibe Kachikwu, on Wednesday said Nigeria would get more crude-cut exemption from the Organisation of Petroleum Exporting Countries, OPEC. Nigeria has been exempted twice, the first time for six months and the... Read more
118 related articles
9d
Gulf News
Shell set to draw line under a century of Iraqi oilterms to encourage development of reserves that Iraq estimates at about 153 bil
Gulf News / Posted 9 days ago
terms to encourage development of reserves that Iraq estimates at about 153 billion barrels, the fourth biggest in the Organisation of Petroleum Exporting Countries.“Maybe now they will speed things up,” one executive from another company... Read more
10d
AllAfrica.com
Nigeria Will Oppose Oil Output CutsBy Ejiofor Alike with Agency Reports Nigeria will resist any attempts to curb
AllAfrica.com / Posted 10 days ago
By Ejiofor Alike with Agency Reports Nigeria will resist any attempts to curb its oil production when it meets with the Organisation of Petroleum Exporting Countries (OPEC) and Russia later this month, pos ing a threat to the cartel's efforts to... Read more
118 related articles
10d
AllAfrica.com
Oil Price Hits $54.25 P/B As Opec Predicts High Demand, Market StabilityThe price of crude oil has stabilised at $54.25 as the Organisation of Petroleu
AllAfrica.com / Posted 10 days ago
The price of crude oil has stabilised at $54.25 as the Organisation of Petroleum Exporting Countries, OPEC, predicted increased stability of the market, yesterday. The price, which was also over $54 per barrel the previous day was said to have... Read more
11d
AllAfrica.com
Nigeria's Excess Oil Revenue Rises to N610m Per Daythe prices of other crudes stood at $54.30 per barrel yesterday. While the pri
AllAfrica.com / Posted 11 days ago
the prices of other crudes stood at $54.30 per barrel yesterday. While the price of WTI stood at $49.11 that of the Organisation of Petroleum Exporting Countries (OPEC) basket, including Nigeria's Bonny Light stood at $51.88 per... Read more
11d
AllAfrica.com
Diversify to Sustain Growth, Analysts Tell NigeriaThe pressure on Nigeria to reduce its crude oil production figure of 1.8 millio
AllAfrica.com / Posted 11 days ago
The pressure on Nigeria to reduce its crude oil production figure of 1.8 million per day is expected to increase as the Organisation of Petroleum Exporting Countries (OPEC) meets on Friday, September 22, 2017 in Vienna, Austria. According to a... Read more
12d
The Economic Times
Petrol at Rs 79/litre in Mumbai; highest since August 2014opted for it as a response to the recent volatility in global crude oil prices.
The Economic Times / Posted 12 days ago
opted for it as a response to the recent volatility in global crude oil prices. The basket of crude oils of the 13-nation Organisation of Petroleum Exporting Countries (OPEC) breached the psychologically-important $50-a-barrel-mark also last week,... Read more
23 related articles
12d
AllAfrica.com
Fresh Pressure On Nigeria Over Oil Production Cut As OPEC Meets— The pressure on Nigeria to reduce its crude oil production figure of 1.8 mill
AllAfrica.com / Posted 12 days ago
— The pressure on Nigeria to reduce its crude oil production figure of 1.8 million per day is expected to increase as the Organisation of Petroleum Exporting Countries (OPEC) meets on Friday, September 22, 2017 in Vienna, Austria. While most oil... Read more
12d
AllAfrica.com
CBN to Step Up Liquidity Mop Up As N333bn Hit Interbankdomestic side is the level of oil production. "There are also talks about the
AllAfrica.com / Posted 12 days ago
domestic side is the level of oil production. "There are also talks about the possibility of Nigeria being included in the Organisation of Petroleum Exporting Countries (OPEC) output cut, as the Minister of State for Petroleum has been invited to... Read more
2 related articles
19d
AllAfrica.com
Govt Refinances Debt and Adds More LoansNigeria is the most vulnerable. It was the recognition of that vulnerability w
AllAfrica.com / Posted 19 days ago
Nigeria is the most vulnerable. It was the recognition of that vulnerability which prompted the other members of the Organisation of Petroleum Exporting Countries, OPEC, to grant exemptions to Libya and Nigeria earlier in the year. But, that... Read more
19d
AllAfrica.com
Boosting Oil Revenues to End Recessionfocused laser-like, on achieving this. One of the first priorities he focused
AllAfrica.com / Posted 19 days ago
focused laser-like, on achieving this. One of the first priorities he focused on was to engage and mobilise members of the Organisation of Petroleum Exporting Countries (OPEC) to take collective action by implementing production cuts in order to... Read more
23d
Gulf News
Libya’s roller-coaster oil output hit takes the heat off OpecMustafa Sanalla said in the statement on Wednesday. “Now we are sliding backwar
Gulf News / Posted 23 days ago
Mustafa Sanalla said in the statement on Wednesday. “Now we are sliding backward.”The decline reduces pressure on the Organisation of Petroleum Exporting Countries and other major producers to strengthen their output-cuts agreement to counter... Read more
24d
AllAfrica.com
Stock Markets' Performance Declines During First Half of 2017for the six months to June 30 by 22.74 per cent. During the period, oil prices
AllAfrica.com / Posted 24 days ago
for the six months to June 30 by 22.74 per cent. During the period, oil prices were supported by the decision taken by the Organisation of Petroleum Exporting countries on November 30 2016 to cut output by 1.2 million barrels per day as from... Read more
29d
Gulf News
Oil trims weekly drop as storm heads for TexasYork has lost almost 5 per cent this month as investors weigh rising global out
Gulf News / Posted 29 days ago
York has lost almost 5 per cent this month as investors weigh rising global output against supply cuts by members of the Organisation of Petroleum Exporting Countries and its allies.While Harvey has curtailed some US oil output, the greater... Read more
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