oil-producing nations

International

Oil Price Plummets Despite Deal To Extend Output Cut

The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a...

International

IMF Says Pace of Global Economic Growth Is Picking Up

IMF says pace of global economic growth is picking up The world economy seems to be gaining momentum, according the...

International

Halfway Into 2017’s Oil Supply Cut, Asia Remains Awash With Fuel

Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a...

Headlines

OPEC Delivering On Agreed Oil Output Cuts

The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on world...

Business

Third FPSO To Set Sail To Ghana Next Week

Ghana’s third Floating Offloading Production Storage (FPSO) will set sail to Ghana next week after it was officially...

International

Oil Price Soars As Opec Agrees Output Cut

Saudi Arabia agreed to cut output by about 500,000 barrels per day - a total reduction of 4.5%. The oil cartel Opec has...

Opinion

Dynastic Scion In His Father’s Shadow

Libreville (AFP) - Ali Bongo of Gabon, who has been declared the winner of a disputed election in the central African...