Extractive 360
All posts tagged "oil price"
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65INTERNATIONAL NEWSOPEC+ Warns Of Response As US Plan Strategic Reserve Release
OPEC+ officials have warned that they are likely to respond to plans by the world’s largest oil consumers to release oil from...
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161INTERNATIONAL NEWSUS Stands By Calls For OPEC+ To Support Global Economic Recovery
The White House stands by its calls for oil-producing countries to “do more” to support the global economic recovery, an official said...
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276NEWSOil Prices Rise On Signs Of Tightening Supplies
Oil prices rose on Thursday, extending strong gains made in previous sessions on expectations of tighter supplies until the end of the...
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214NEWS
Oil Markets On Edge With OPEC+ Negotiation Deadlock
World oil markets are on edge with OPEC+ negotiations to boost supply now in deadlock, the International Energy Agency said in its...
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190NEWS
OPEC+ Agrees To Gradual Increase In Production Output
In its July 1 meeting, the OPEC+ Joint Ministerial Monitoring Committee, including Russia and Saudi Arabia, has recommended a gradual increase of...
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196INTERNATIONAL NEWSSaudi Arabia Guaranteed OPEC+ Compliance With Oil Cuts In March – IEA
By Kelvin Alohan with Agency Report The International Energy Agency (IEA) has said that the alliance of OPEC+ oil producers was able...
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215NEWSOPEC+ To Keep Production Flat, Saudi Arabia To Cut More
The meeting of Organization of the Petroleum Exporting Countries and allied producers (OPEC+) concluded with an agreement to maintain stable production in...
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474NEWSNASS Passes N13.58trn Budget For 2021, Pegs Oil Production at 1.86mbpd
The National Assembly, during an emergency session convened on Monday, passed a N13.58 trillion budget for the 2021 fiscal year. The passage...
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357NEWS
Oil Price Nears $50 After OPEC, Russia Agree Supply Boost
Oil prices hit the highest level since early March after major producers agreed to a cautious increase in output that eased fears...
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246NEWS
Oil Sinks With OPEC Struggling To Reach Production Consensus
Oil slid as lingering tension among OPEC producers highlighted the uncertainty surrounding a delay to the group’s planned output increase. Futures declined...