In a move to stabilize oil prices amid fluctuating demand, eight members of the OPEC+ coalition have announced an extension
Malaysian state–owned oil corporation, Petronas is advancing a robust expansion plan in Indonesia, aiming to establish an operations hub in
As the price of Brent crude oil gets closer to the $80/barrel mark, market observers take notice. Brent is trading
Crude oil prices declined on Monday, continuing the downward trend from the end of last week, amid expectations of increased
Oil prices are facing downward pressure as analysts cut their 2024 forecasts due to weaker-than-expected fuel demand from China and
The OPEC+ group of oil producers has decided to postpone its policy meeting to November 30, as two African members,
Crude oil fell to its lowest level since July as trend-following trades intensified losses that were initially sparked by rising
After resisting pressure from the United States to increase production levels to mitigate the continuous upward movement of prices of
The Nigerian Markets report for the week ended March 5, 2021. It captures indexes that gauge performance across a number
Spring is in the air, demand is recovering, oil prices are buoyant and inventories are shrinking. Time for the organisation
There is already discord within the extended oil cartel. The last time OPEC+ made a decision on production, it had
Reports that members of the Organisation of Petroleum Exporting Countries and its allies (a group known as OPEC+) are at
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