Oil Price War Escalates As OPEC’s No.3 Boosts Production

Oil Price War Escalates As OPEC’s No.3 Boosts Production

OPEC’s third biggest producer, the United Arab Emirates (UAE), is entering the oil price war as it has ordered its national oil producer to boost supply to the market to over 4 million bpd OPEC’s third biggest producer, the United Arab Emirates (UAE), is entering …..

U.S. Sanctions Have Crippled Iranian Oil Production

U.S. Sanctions Have Crippled Iranian Oil Production

The U.S. sanctions on Iran’s oil sector are impacting the Islamic Republic’s ability to potentially increase production in the long term if the U.S.-Iran tensions subside and sanctions ease.   Iran relies 100 percent on imports for oil rig equipment, but the sanctions have stifled …..

Saudi Arabia Books Supertankers To Flood U.S. Markets With Oil

Saudi Arabia Books Supertankers To Flood U.S. Markets With Oil

Saudi Arabia’s state-run shipping company has hired multiple very large crude carriers to carry all the extra oil it plans on exporting next month—a rare move indeed for the shipping company that sports its own fleet of 41 tankers, according to Bloomberg sources. Bahri, as the Saudi’s …..

FG proposes budget cut as projected oil price heads for $20

FG proposes budget cut as projected oil price heads for $20

With cost of governance remaining high and slump in revenue subsisting due to the volatility of oil prices at the international market, the Federal Government, yesterday, announced plans to cut its 2020 budget.   President Muhammadu Buhari, in December, signed a N10.59 trillion 2020 budget, on the …..

Oil price crash: Nigeria needs emergency measures — SEC

Oil price crash: Nigeria needs emergency measures — SEC

Acting Director-General of the Securities and Exchange Commission, SEC, Ms Mary Uduk, yesterday, disclosed that emergency measures needed to be put in place by the country to insulate the Nigerian economy against expected shocks caused by the falling crude oil prices and increasing spread of …..

11-03-2020

11-03-2020

AGO [/vc_column_text][/vc_column][/vc_row]… This content is for Weekly Plan, Monthly Plan, and Annual Plan members only.Log In Register...

This content is for Weekly Plan, Monthly Plan, and Annual Plan members only.
Log In Register