Onome Amuge The Organisation of Petroleum Exporting Countries (OPEC) on Monday said that the world oil demand will drop in 2020 than

BY: Moses olajuwon Obajemu Oil prices steadied on Tuesday, hanging on to gains from the previous session thanks to high compliance

BY: Moses olajuwon Obajemu Compliance with OPEC+ oil output cuts stood at 95 percent and rose to 97% in July, according to OPEC+

BY: Moses olajuwon Obajemu Oil edged further below $45 a barrel on Friday, giving up some of this week’s gain, under pressure from

The sentiment pendulum is positioned to swing deeper into ‘risk-on’ territory as markets take heart from vaccine hopes and

The Organisation of Petroleum Oil Exporting Countries (OPEC), said Nigeria’s treasury was boosted by $206.06bn petrol-dollar

Oil producing nations have something to cheer about as oil prices rose on Monday as indications of increase in demand for crude oil

OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current crisis,

The demand for crude oil will not recover till the second half the year, the Organisation of Petroleum Exporting Countries has said.

African oil producing nations will experience a financial boost following global oil production slash that sees total world production