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April 9, 2020OPEC+ At Brink of Ending Oil Price War, Awaits G20 Meeting for OPEC++ Deal
The OPEC+ group will cut 10 million barrels of oil per day, but Mexico is yet to come on board. A G20 meeting will determine if other producers are willing to reduce output.
April 6, 2020South Sudan Petroleum Minister Holds Talks with OPEC to Find Solutions on Oil Price War
Hon. Puot Kang pledged to join the OPEC negotiations, with hopes of reaching a favorable agreement.
February 8, 2019Market report: Oil prices dropped
The weekly Market Report is provided by Gladius Commodities of Lagos, Nigeria. Download the full report here. Learn more about Gladius Commodities at www.gladiuscommodities.com.
January 11, 2019Market Report: Oil prices lower
Oil prices decline, giving back earlier gains as optimism over U.S.-China trade talks wear off.
November 30, 2018Market Report: Oil prices fall below $50 a barrel
Oil prices fall below $50 for the first time in over a year amid persistent oversupply concerns.
November 16, 2018Market Report: Oil prices continue to fall
NNPC commended Saudi Arabia’s recent decision to cut crude oil production by one million bpd.
October 22, 2018The Puzzle of Oil Prices
From predictions of $100/barrel to prices falling below $80/barrel this week, the oil price is predictably unpredictable.
October 19, 2018MARKET REPORT: Oil prices continue to trade lower
Oil prices continue to trade lower after data showed an unexpectedly strong build in U.S. crude stockpiles.
October 3, 2018Oil prices continue to surge
Iran sanctions causing output shortfalls.
September 27, 2018Oil prices hit a four-year high
Amid U.S. sanctions on Iran and OPEC’s reluctance to increase production levels.