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Organization of the Petroleum Exporting Countries

Oil slips on uncertainty over U.S.-China trade deal, surging inventories

restrictions

Crude oil futures fell on Friday amid lingering uncertainty on whether, and when, the U.S. and China will agree a long-awaited deal to end their bitter trade dispute, the gloom compounded by rising crude inventories in the United States. Brent crude, the global benchmark, was down 16 cents, or 0.3 per cent, at 62.13 dollars […]

OPEC Secretary General in Nigeria to address players at Abuja summit

oil supply

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Sanusi Barkindo, will be leading other global oil and gas industry leaders to participate in the Nigeria International Petroleum Summit (NIPS). This was disclosed by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, at a world press conference in […]