Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in a virtual meeting Sunday, as the group continues to seek greater market share. Analysts predict a slight output Read More
Nigeria’s export capacity stalls oil-backed loan from Saudi’s Aramco
Negotiations over a landmark $5 billion oil-backed loan between Nigeria and Saudi Arabia’s Aramco have slowed, as doubts grow over Nigeria’s ability to guarantee the crude volumes needed to carry out the deal. The agreement, first initiated during President Bola Read More