U.S. oil companies undermine OPEC efforts
U.S. shale oil producers are now a low-cost global competitor
Nigeria
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Oil prices drop amid oversupply concern
Oil prices fell on Friday, dragged lower by persistent oversupply worries despite a bigger-than-expected drawdown in U.S. crude inventories. Brent crude was at $51.62 a barrel at 0652 GMT, down 28 cents (0.54%) from its last close. That …
Oil at $45 a Barrel May Be the Only Thing That Can Stop U.S. Shale Production Growth
U.S. shale output presses on oil prices, according to Goldman Sachs
Oil Market Rebalancing At 'Slower Pace
OPEC pointed to continued high compliance by its members with the supply deal
U.N. says the world is facing the largest humanitarian crisis since 1945
The U.N. humanitarian chief says the world faces the largest humanitarian crisis since 1945 with more than 20 million people in four countries facing starvation and famine, TIME reported. Stephen O'Brien told the …
OPEC oil output falls from record highs
Saudi Arabia pumped less after seeing record output in November
Has The OPEC Rally Gone Too Far?
Oil prices continue to edge up as 2016 comes to a close, a dramatic turnaround for the industry compared to the start of the year
Talks between OPEC and non-OPEC oil exporters canceled
Today the group is holding another internal meeting to try to resolve its own differences
Oil Rises as OPEC Delegate Says Everyone ‘On Board’ for a Deal
OPEC members have made progress toward completing a deal to cut output
World's Biggest Oil Traders Aren’t Buying What OPEC Is Selling
The organization can’t adjust cargo loading schedules until January of next year
Nigerian Oil Minister: OPEC unlikely to cut oil production
Oil producers belonging to the Organization of the Petroleum Exporting Countries (OPEC) are unlikely to agree to reducing collective output to rebalance the global energy market, Nigerian Petroleum Minister Emmanuel Ibe …
Ban Ki-moon: "If you want to protect your image, protect children"
With children continuing to be tortured, maimed, imprisoned, starved, sexually abused and killed in armed conflict, United Nations Secretary-General Ban Ki-moon today called on all countries to back their words with …
Saudi Arabia, Iran and Nigeria set new oil production record
OPEC’s June crude production rose 300,000 barrels a day from a month earlier, to 32.73 million barrels a day, which is the highest level since August 2008, according to S&P Global Platts. Platts said that its survey of OPEC …
Mohammed Barkindo appointed new OPEC Secretary-General
Nigeria’s Mohammed Barkindo will assume the role of OPEC secretary-general on August 1, succeeding Abdalla El-Badri, who has been in the job for nine years. Barkindo spent more than 23 years …
Seized Turkish oil tanker crewmen released in Nigeria
Six crew members of a tanker ship who were captured by pirates off the coast of Nigeria have been released, a lawyer for the firm Kaptanoglu Denizcilik, Fehmi Ulgener, said, adding that the freed crew members are in good …
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