Organization of Petroleum-Exporting Countries

International

Losses In Health, Energy Stocks Weigh On Wall Street

The S&P 500 and the Nasdaq came under pressure on Friday as lower oil prices weighed on energy companies and a drop in...

Top Stories

Oil Prices Dip Awaiting OPECs Cut In Output

Oil prices fell in early trading on Friday, as the market refocused on a persistent fuel supply overhang that is not...

International

Asia Shares, Emerging Currencies Stumble As Trump Anxiety Deepens

A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S....

Top Stories

World Bank Projects Increment In Oil Price In 2017

The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...

Business

World Bank Raises Oil Price Forecast For 2017

The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel. It explained...

International

Wall St. Soars As FBI Clears Clinton Ahead of Election

U. S. stocks soared on Monday as U.S. presidential candidate Hillary Clinton's prospects got a boost a day ahead of the...

International

Nigeria, Libya Output To Push Down Oil Price

Oil production from members of the Organisation of Petroleum Exporting Countries (OPEC) may have reached a new record,...

Business

Fuel Prices To Remain ‘fairly Stable’ In First November Pricing Window

The Institute Energy Studies (IES) has published its bi-weekly forecast of the petroleum market, projecting that petrol...

International

U.S. Stocks, Dollar Fall On FBI Review of Clinton Emails

Wall Street recovered some losses on Friday but still closed lower, with U. S. stocks and the dollar falling after the...

International

World Stocks, Commodities Climb As Economic Confidence Lifts

World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up...

International

How the West Changed Its Mind On Libya’s Gaddafi

How the West changed its mind on Libya’s Gaddafi In the 42 years that Colonel Muammar Gaddafi ruled Libya, Western...

International

Russia Is Planning For Low Oil Prices

Russia is betting oil prices will stay low for a long time. President Vladimir Putin's government has just set a draft...

Opinion

A New Axis of Power

In less than a months’ time the Americans will be heading to the polls to elect a new President. And unless...

Business

Fuel Prices Likely To Go Up Again

The Chamber of Petroleum Consumers Ghana, has forecast a likely 7-13 percent fuel price adjustment beginning Sunday...

International

Nigerian Lawmakers To Probe Use of Funds For People Fleeing Boko Haram

The use of Nigerian government funds earmarked for assisting displaced people who are living in desperate conditions in...

Business

Benchmark Rate Inches Up

The yield on the Government of Ghana 182-day treasury rate edged up by 0.01 per cent to settle at 24.70 per cent at the...

International

Oil Rallies As Opec Agrees Output Cut

The oil producers cartel Opec has agreed a preliminary deal to cut production for the first time in eight years,...

Opinion

Nigeria Sues Foreign Oil Giants For Export Fraud

LAGOS, Nigeria — Nigeria is suing several leading oil companies for $12.7 billion of crude oil that allegedly was...

Opinion

Algeria Calls For OPEC Supply Side Action

Algiers (AFP) - Algerian Energy Minister Noureddine Boutarfa on Wednesday pressed demands for action on an oil supply...