VIENNA, 23rd April, 2019 (WAM) -- The OPEC Fund for International Development, OFID, has announced that it signed public sector agreements totaling US$81 million with four partner countries.

In the meantime, Reuters reports, citing its sources, that the meeting may decide to increase OPEC+ oil production in May ...

Stagflation — a combination of inflation and economic stagnation — is bad news for the economy and you. Here’s what ...

The All Progressives Congress has asserted that President Bola Tinubu’s administration has achieved unquestionable success, rendering validation from the opposition unnecessary.In a statement released ...

Wednesday closed up +0.51 (+0.72%), and May RBOB gasoline (RBK25) closed up +0.0285 (+1.24%). Crude oil and gasoline prices ...

Despite global efforts to transition towards renewable energy sources, oil continues to play a pivotal role in the global economy. Octa Broker, a broker with globally recognised licenses, discusses ...

Stagflation is an economic perfect storm that combines inflation, supply shortages and slower growth, along with a high unemployment rate. This term was used to describe the economic hardships of ...

OPEC+ energy ministers will hold a call to discuss the importance of adhering to oil production quotas, as overproduction by ...

Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota ...

The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

The new price adjustments reflect a welcome reduction in the cost of fuel, with some categories seeing cuts of up to R1.14 ...