#OPEC

Amid current global oil glut that have seen oil prices slump to a 10-month low despite OPEC members agreed cuts that have been

The week began on a losing note, making it the 5 straight week of losses for the crude prices. OPEC is said to be considering calling

Nine oil producing states, including Lagos, contributed N174.99 billion (or 41 percent) in oil revenues to the N418.82 billion shared

The falling price of oil did not garner any mainstream financial media attention until today, when U.S. market participants woke up to

Oil’s back in a bear market and investors remain unmoved by last month’s agreement to prolong supply cuts, leaving OPEC and its allies

Saudi Energy Minister Khalid al-Falih said the oil market is heading in the right direction but still needs time to rebalance, the

The consistent fall in global oil prices in the past few weeks may hurt the nation’s external reserves and inhibit the Central Bank of

Member countries of OPEC, including Nigeria, which have continued to manipulate the quantity of crude oil pumped into the

The continued rising tensions in the Gulf region might risk the Organisation of Petroleum Exporters’ (OPEC’s) oil production cuts

Global oil prices are seen to be heading for a third consecutive week of losses as rising supplies from the US and Nigeria may