Focus on OPEC as vaccine hopes fuel market optimism
Lukmnan Otunuga
July 15, 2020
The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and
Nigeria’s petrol-dollar receipts stand at $206bn in five years – OPEC
Businessam StaffJuly 14, 2020
The Organisation of Petroleum Oil Exporting Countries (OPEC), said Nigeria’s treasury was boosted by $206.06bn petrol-dollar
Optimism around OPEC+ output pact lifts oil prices
Businessam StaffJune 15, 2020
Oil producing nations have something to cheer about as oil prices rose on Monday as indications of increase in demand for crude oil
OPEC to dominate oil markets for the foreseeable future — Goldman Sachs
Businessam StaffMay 22, 2020
OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current crisis,
Don’t expect crude demand recovery before July, says OPEC
Businessam StaffApril 17, 2020
The demand for crude oil will not recover till the second half the year, the Organisation of Petroleum Exporting Countries has said.
Financial boost beckons on African oil producers after OPEC+ slashes production by 23.7mbpd
Samson EchenimApril 13, 2020
African oil producing nations will experience a financial boost following global oil production slash that sees total world production
Nigeria’s $2.8bn OPEC deal largesse meets roadblock in Mexico
Moses ObajemuApril 13, 2020
By Moses Obajemu Nigeria’s hope of raking in a $2.8 billion largesse from its sale of crude oil following last week’s Organisation of
Nigeria joins OPEC to cut crude oil production
Businessam StaffApril 10, 2020
The federal government on Friday said crude oil price would rebound by at least $15 per barrel in the short term following the latest
Focus shifts to G20 meeting for OPEC++ deal as OPEC+ ends oil price war
Businessam StaffApril 10, 2020
From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from
African Energy Chamber urges OPEC to reach a deal on ending oil price war
Ben EguzozieApril 7, 2020
…organization meets in Vienna on Thursday Ben Eguzozie, with agency report As member-countries of the petroleum producers’ group, OPEC