Extractive 360
All posts tagged "oil price"
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52NEWSOPEC+ 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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181NEWSNASS 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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88NEWSOil 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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88NEWSOil 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...
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152NEWSOil Prices Mixed As OPEC Boost Countered By Libyan Blockade Lift
Oil prices were mixed on Friday after Libyan commander Khalifa Haftar said a blockade on Libyan oil exports would be lifted for...
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185INTERNATIONAL NEWSRussia Overtakes Saudi Arabia To Become World’s Second Largest Oil Producer
Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in...
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157NEWSOil Prices Snap Four-day Winning Streak
Oil prices felll On Wednesday, for the first time in four days, slipping from as much as five-month highs as mounting coronavirus...
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246NEWS
Update: Oil Plunges Below $0 For First Time In Trading History
Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s...
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207NEWS
Oil Price Crashes To Lowest In Trading History
US oil prices tumbled to their lowest level in trading history dropping towards $10 a barrel as a collapse in demand triggered...
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239NEWS
Nigeria Targets $2.8bn Increased Revenue As OPEC+ Agree On Output Cut
Nigeria is targeting additional revenue of up to $2.8 billion from oil price rebound as OPEC+ agree on a historic curtailment of crude oil...