Tag: Organisation of oil Exporting Countries
Oil prices rise on vaccine hopes, ship explosion at Saudi Arabia
Oil prices rose on Monday, pushing Brent back above $50 a barrel.
This was buoyed by hopes that a rollout of coronavirus vaccines will lift...
Oil prices drop as Russia touts easing OPEC+ output
Oil prices fell on Monday after Russia said an OPEC-led pact
may consider easing output cuts next year, but prices held near recent
three-month highs on...
Buhari appoints Mele Kyari as new GMD of NNPC
Ime Akpan
President Muhammadu Buhari has approved the appointment of Mr.
Mele Kolo Kyari as the new group managing director of the Nigerian National
Petroleum Corporation (NNPC).
He...
Nigeria’s earnings from petroleum exports hit $236bn in five years
The Organisation of Oil Exporting Countries (OPEC) has said
in its latest report that Nigeria netted $236.15bn from petroleum exports between
2014 and 2018.
OPEC, in...
Oil prices rise on likelihood of OPEC supply cuts
Oil prices rose on Monday after Saudi Arabia said producer
club OPEC and Russia were likely to keep withholding supplies, and in relief
that the United...
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