Nigeria seen included in possible OPEC oil output cap
There are strong indications that the Organisation of Petroleum Exporting Countries (OPEC) may revisit the issue of including Nigeria in ...
Saturday, May 30, 2026
Tag: OPEC
OPEC, oil prices and disruptive innovation
Cost-cutting advances in shale are weakening the cartel's grasp of energy market dynamics. If you apply the insights of the ...
Oil set for longest winning streak in two months on U.S. output
Oil headed for its longest winning streak in two months after declines in U.S. crude production and gasoline inventories allayed ...
Eyes-on-shale OPEC resists calls for deeper output cuts
The chorus in the oil market calling for deeper production cuts gets louder almost every day. By resisting the clamor, ...
Russia sticks to conservative $40 oil forecast for 2018 budget
The Russian government is sticking to its conservative assumptions for oil prices as it drafts the budget for the next ...
Nigeria ready for output cuts as OPEC mulls deeper cuts to rebalance market
Amid current global oil glut that have seen oil prices slump to a 10-month low despite OPEC members agreed cuts ...
Commodities wrap-up: June 26
The week began on a losing note, making it the 5 straight week of losses for the crude prices. OPEC ...
Oil revenues from producing states make up 41% of N418.8bn shared by FG in May
Nine oil producing states, including Lagos, contributed N174.99 billion (or 41 percent) in oil revenues to the N418.82 billion shared ...
Oil, gold and bitcoin
The falling price of oil did not garner any mainstream financial media attention until today, when U.S. market participants woke ...
OPEC has few escape routes from another bear market in oil
Oil’s back in a bear market and investors remain unmoved by last month’s agreement to prolong supply cuts, leaving OPEC ...
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