Nigeria, Iraq agree to cut oil output
Businessam Staff
September 13, 2019
The Organisation of Petroleum Exporting Countries (OPEC) has agreed to trim oil output by asking over-producing members Iraq and
Iraq supports OPEC-led oil output reduction deal, Iraq’s Masum says
Businessam StaffMarch 26, 2018
Fuad Masum, Iraqi President said at a meeting Monday with OPEC Secretary-General Mohammad Barkindo that the country supports
Oil hits 2-year high after Saudi Prince kicks-out officials in anti-graft probe
Businessam StaffNovember 6, 2017
Oil traded near the highest level in two years, since July 2015, after Saudi Arabia’s Crown Prince, Mohammed bin Salman, ousted
Citigroup calls for readiness on oil squeeze
Businessam StaffSeptember 26, 2017
Those in the oil market fearing a flood of OPEC supply next year will probably be better off preparing for a shortage, according to
Crude oil price likely to remain above $50 per barrel threshold, says report
Aderemi OjekunleAugust 14, 2017
Global crude oil price is likely to remain above $50 per barrel in August from its strong rebound in July, gaining 8.22 percent,
UAE, Kazakhstan, Iraq, Malaysia pledge full compliance with OPEC output cuts
Aderemi OjekunleAugust 8, 2017
The United Arab Emirates (UAE), Iraq, Kazakhstan and Malaysia Tuesday pledged full support for the existing monitoring mechanism to
Germany big target of cyber espionage and attacks: government report
Businessam StaffJuly 4, 2017
Germany is a big target of spying and cyber attacks by foreign governments such as Turkey, Russia and China, a government report said
World Bank raises Nigeria’s growth forecast to 2.5% in 2017
Businessam StaffJune 5, 2017
*Claims modest rise in commodity demand, prices as driver… The World Bank has forecast that Nigeria’s economy would grow 2.5%