The benchmark Brent crude oil jumped 3% to $75.2 per barrel, following three days of declines, after OPEC agreed today to raise production by around 1 million barrels per day from July for the group and its allies. …
Nigeria plans to join the OPEC oil cut deal, Nigeria's Minister of State for Petroleum Emmanuel Ibe Kachikwu said. “OPEC members are trying to target a figure of close to $60 a barrel. We’re …
Oil producers belonging to the Organization of the Petroleum Exporting Countries (OPEC) are unlikely to agree to reducing collective output to rebalance the global energy market, Nigerian Petroleum Minister Emmanuel Ibe …
OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output, Reuters reports. The participants of the meeting in Doha acknowledged that the fundamentals are improving. Qatar's minister said that the dynamics of …
The meeting of OPEC producers and non-OPEC countries can take place on March 20 in Moscow, Iraqi Deputy Oil Minister Fayadh Nema said. "The meeting in Moscow, expected to be held on March 20 between the largest oil …
Members of the Organization of Petroleum Exporting Countries plan to meet with other producers in Russia on March 20, Bloomberg reports with reference to Nigeria's Minister of State for Petroleum Resources, Emmanuel Ibe …
Nigeria's Minister of State for Petroleum Resources and President of the OPEC Conference, Emmanuel Ibe Kachikwu, called for an extraordinary meeting of the organization in early March to address the world oil prices. …
