Nigerian Senate votes to halt Eni’s Port Harcourt refinery deal
Nigeria's Senate voted on Tuesday to halt a concession agreement with the local unit of Italian oil firm Eni to ...
Saturday, April 4, 2026
Tag: OPEC
Oil fell on oversupply worries despite OPEC deal
Oil prices fell on Tuesday on concerns that output cuts by the world's big exporters may not be enough to ...
OPEC is falling short on its promise to do ‘whatever it takes’ to stabilize oil prices
Few days back, 25th March, Â OPEC met market expectations by extending the OPEC and non-OPEC crude oil production cuts enacted ...
OPEC ponders how to co-exist with U.S. shale oil
First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas. ...
Oil traders punish OPEC for promising too much
As OPEC's latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of ...
OPEC disappointment hits oil, stocks; sterling down on UK vote jitters
Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement ...
Diversify revenues, not economy, SBM Intel report urges government
The Federal Government has been urged to understand that its biggest challenge is not diversifying an already diversified economy, but ...
OPEC should watch Glencore’s Bunge jump
Glencore PLC's designs on Bunge Ltd. have roiled the grain-trading world. Anyone with an interest in oil might also find ...
OPEC considering whether to cap Nigerian oil output – delegates
OPEC is debating on Thursday whether to include Nigeria in its pact to restrict oil production, two OPEC delegates said. ...
OPEC extends oil output cut till March 2018
OPEC on Thursday decided to extend cuts in oil output by nine months to March 2018, an OPEC delegate said, ...
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