Oil prices dropped by more than 2 per cent on investor skepticism over the effectiveness of the OPEC+ production cuts and concern over

Business a.m Oil prices rose on Thursday as investors prepared for the OPEC+ meeting, which could result in further supply cuts. The

Business a.m Oil prices plunged on Thursday, after the Organization of the Petroleum Exporting Countries (OPEC) did not appear to

By Onome Amuge. Global oil prices jumped to their highest settlement price of 2023, following a ‘larger-than-expected’ slump in US

The UK government has announced bribery charges against Diezani Alison-Madueke, former Nigerian oil minister for allegedly receiving

By Ben Eguzozie. Data from OPEC, the global oil cartel, validated by the International Energy Agency (IEA) and the World Bank say

By Ben Eguzozie. Geopolitics, especially the dynamics that have so far played out in the war between Russia and Ukraine, are lining

  By Cynthia Ezekwe    THE Organisation of Petroleum Exporting Countries and its allies  (OPEC+)  has slashed Nigeria’s oil

By Habeeb Adamu The Organisation of Petroleum Exporting Countries (OPEC) and its allies, referred to as OPEC+, proclaimed voluntary

By Ben Eguzozie Said Western calls impugns socioeconomic sectors Continent’s to be biggest oil, gas supplier by 2035 Gabriel Mbaga