OPEC
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Business
OPEC shifts 8th International Seminar to June 2022
The Organization of the Petroleum Exporting Countries (OPEC) has postponed its 8th International Seminar until next year due to the…
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Business
Oil prices recover to pre-pandemic levels
The price of oil has recovered to its pre-pandemic levels having hit an all-time low last year. While demand for…
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Business
Oil & gas will still supply over 50% of world energy needs by 2045 – OPEC
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr Mohammad Barkindo, says the oil and gas sector…
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Business
Oil prices down over lingering demand concerns
Oil prices were slightly down on Thursday over lingering demand concerns, as hopes for an economic recovery boosted by the…
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Business
Nigerian crude oil export earnings rebound by 116% in November – OPEC
he Organisation of Petroleum Exporting Countries (OPEC), says the Nigerian Crude oil export earnings rebounded by 116 per cent in…
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Business
OPEC group sees crude consumption growing
The coronavirus crisis has sparked talk that the world might have reached peak oil demand but the OPEC group sees…
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Opinion
Not out of the question
In this business of column writing, a small news item sometimes triggers an avalanche of thought. At the weekend I…
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Opinion
First-ever negative oil price: Why?
As I write this article, the famous American crude oil called West Texas Intermediate (WTI) is sold at -$13 per…
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Business
Oil price crashes into negative territory amid pandemic
U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut,…