Nigeria’s oil recovery falls short of 1.5mbpd target
Nigeria recorded a rebound in crude oil production in March, but continued to fall short of its 1.5 million bpd ...
Thursday, April 16, 2026
Tag: Organization of the Petroleum Exporting Countries
Oil price rises toward $85 amid Iranian supply shortage
Oil prices on Thursday rose close to $82 a barrel amid fears of a supply shortage as the U.S. prepares ...
Oil prices fall as global supply hit record high, IEA report shows
Crude oil prices fell hitting a session low at $69.48 a barrel, after monthly report from International Energy Agency ...
OPEC August oil output hits 2018 high despite Iran losses, Reuters survey shows
According to a Reuters survey on Friday, the 15-member Organization of the Petroleum Exporting Countries (OPEC) has pumped 32.79 million ...
Oil price rises as U.S. sanctions on Iran cloud supply outlook
Oil price rose on Friday as United States sanctions on Iran are expected to cut significant volumes of crude from ...
Oil edges up on Saudi output cut and Iran sanctions
Oil prices rose on Tuesday after Saudi Arabia said it had cut production in July, though concerns over a slowdown ...
Oil to hold steady into 2019 as OPEC, U.S. compensate for supply hitches
Oil prices are likely to hold fairly steady this year and next as increased output from OPEC and the U.S. ...
Metals prices rebound after risk-on trading returns
Three-month base metals prices on the London Metal Exchange were up across the board on Wednesday, with the complex up ...
Saudi Arabia struggles to convince OPEC members, Gulf allies to raise oil output
Saudi Arabia is finding it difficult to convince fellow OPEC members and Gulf allies on the need to raise oil ...
Nigeria supports OPEC cut extension until end of 2018 under “the right terms”
Emmanuel Ibe Kachikwu, Nigeria's oil minister said the country supports an extension of a deal between OPEC, Russia and other ...
Popular News
-
Igbobi alumni raise over N1bn in one week as private capital fills education gap
-
How UNESCO got it wrong in Africa
-
CBN to issue N1.5bn loan for youth led agric expansion in Plateau
-
Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
-
Insurance-fuelled rally pushes NGX to record high
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.