World's Biggest Oil Traders Aren’t Buying What OPEC Is Selling
The organization can’t adjust cargo loading schedules until January of next year
Nigeria
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Nigerian Oil Minister: OPEC unlikely to cut oil production
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 …
Ban Ki-moon: "If you want to protect your image, protect children"
With children continuing to be tortured, maimed, imprisoned, starved, sexually abused and killed in armed conflict, United Nations Secretary-General Ban Ki-moon today called on all countries to back their words with …
Saudi Arabia, Iran and Nigeria set new oil production record
OPEC’s June crude production rose 300,000 barrels a day from a month earlier, to 32.73 million barrels a day, which is the highest level since August 2008, according to S&P Global Platts. Platts said that its survey of OPEC …
Mohammed Barkindo appointed new OPEC Secretary-General
Nigeria’s Mohammed Barkindo will assume the role of OPEC secretary-general on August 1, succeeding Abdalla El-Badri, who has been in the job for nine years. Barkindo spent more than 23 years …
Seized Turkish oil tanker crewmen released in Nigeria
Six crew members of a tanker ship who were captured by pirates off the coast of Nigeria have been released, a lawyer for the firm Kaptanoglu Denizcilik, Fehmi Ulgener, said, adding that the freed crew members are in good …
