Crude oil prices hit 11-year low

Crude oil prices hit 11-year low

(VOVworld) – The price of crude oil in the US market fell to its lowest point in 11 years after the US decided to lift its 40-year ban on crude...
OPEC ready for talk, boosting oil prices

OPEC ready for talk, boosting oil prices

(VOVworld)- Oil prices surged Monday, capping their biggest three-day gain in 25 years, as the Organization of Petroleum Exporting Countries suggested it may be ready to scale back output...
Oil prices plunge to a 6-year low

Oil prices plunge to a 6-year low

(VOVworld) – OPEC’s increasing daily oil production and a record amount of oil storage in the US are the main reasons oil prices bottomed out in the last 6 years
OPEC maintains strategy to stabilise oil prices

OPEC maintains strategy to stabilise oil prices

(VOVworld) - OPEC countries will maintain their collective oil production output for the foreseeable future, officials from the organization said on Tuesday, maintaining that OPEC’s current strategy has helped stabilize...
Oil prices slump on US oil report

Oil prices slump on US oil report

(VOVworld) - Crude oil prices have fallen sharply in the US and world market due to investors’ concern about possible decision made at the meeting of the Organization of the Petroleum...
Nigeria – Double crisis

Nigeria – Double crisis

Nigeria is in crisis with escalating racial and religious conflicts. Demonstrations against a government decision to raise fuel prices have become widespread. The media reports growing social instability there and...