Tags OPEC

Tag: OPEC

Crude oil dives to 22-year low, sells at $11 as global glut annihilates price

US oil prices dived to 22-year lows at just $11 Monday after crashing almost 40 percent in a market flooded with crude and slammed by evaporating demand in the face of the coronavirus pandemic.

OPEC, allies seal historic 10 million barrel per day production cut

A historic production cut agreement between OPEC and its allies, known as OPEC+, hit a roadblock after Mexico refused to agree to its share of the cuts after a marathon meeting between the oil-producing nations that lasted more than nine hours.

Kenya joins ranks of oil-exporting countries

Kenya has sent off its inaugural shipment of crude oil becoming the first East African nation to join the ranks of petroleum-exporting countries.
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Twin explosions rock PDP secretariat over councillorship primaries

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Reps summon NNPC GMD over audit query of N3.878trn unremitted revenue

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Nigeria’s football establishment mourn Ex-Super Eagles defender, Yisa Sofoluwe

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