Oil prices rise as Nigeria agrees 1.8mbpd cap setting a wind of rebalancing in global supplies
Oil rose Monday, erasing early losses after leading OPEC producers Saudi Arabia and Nigeria pledged to cut exports to help ...
Saturday, April 4, 2026
Tag: OPEC
Oil prices dip as OPEC, non-OPEC debate capping Libya, Nigeria oil output
Oil slipped to one-week lows Monday, as several OPEC and non-OPEC ministers met to discuss a pact to kerb oil ...
Oil falls after report showing OPEC deal compliance falling in July
Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for July despite the group's ...
Oil rises on weak dollar, Gulf tensions as producers set to meet
Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf, but Brent held below the $50 ...
UAE energy minister hopes global oil markets begin to tighten in H2
Suhail bin Mohammed al-Mazroui, the United Arab Emirates Energy Minister, Friday said he hopes global oil supplies will start tightening ...
Strong gasoline boosts oil price as rising Libya, Nigeria output undermines OPEC supply cut
Oil prices traded higher on Wednesday, supported by a strong gasoline market, but rising output from OPEC producers revived concerns ...
Ecuador breaks OPEC unity, announces rise in oil output to raise revenue
Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it ...
Oil trades near $46 as Nigeria, Libya await decision to cap crude output
Oil traded near $46 a barrel as crude production rebounded in Libya, an OPEC member exempt from output kerbs. Futures ...
Tide turns for sulphur-rich oil in a sea of light crude
The world is awash with oil, but in pockets of the market lower-quality, sulphur-rich crude is limited and buyers are ...
Nigeria gets 2018 budget alert in OPEC’s ominous global demand warning
Nigeria, Africa’s largest economy by gross domestic product, presently on a crude oil life support, owing to decades of dependency ...
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