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Alexander Novak

Saudis see oil price on rise as Trump blasts OPEC

Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices.

Donald Trump tweets at OPEC over “Very High” prices, oil instantly falls

Oil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.”

Russia plans to fully comply with OPEC-non-OPEC oil deal in April

Russia intends to fulfill its responsibilities under the deal of the member states of the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC countries on the oil output freeze in April.

Oil prices to rise as OPEC extends cuts to December 2018

Oil prices is expected to rise further as the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC talks ended with an agreement to extend the production cut deal through the end of 2018.

Russian premier Dmitri Medvedev talks up Morocco gas projects

Russia and Morocco hope to co-operate more closely in the energy sector, Russian Prime Minister Dmitri Medvedev said on Wednesday during a visit to Rabat.

Nigeria to resist cuts to its oil output

Nigeria will resist any attempts to curb its oil production when it meets with OPEC and Russia later this month.

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Ahmed Musa: It will be fire-for-fire against Argentina

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Nigeria’s destiny in your hands – Ex-President Obasanjo tells youths

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Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Oil rallies to $74.84 per barrel as OPEC agrees to increase output

Oil price rose sharply yesterday after the Organisation of Petroleum Exporting Countries (OPEC) agreed a modest increase in oil production from next July.

Jubilation in Comrade Oshiomhole camp as APC holds national convention

The Campaign office of Comrade Adams Oshiomhole, sole candidate for national chairmanship position of the ruling All Progressives Congress (APC) was a beehive of activities on Friday as delegates from the states who arrived Abuja for the party’s National Convention besieged his office located in Aso Drive area to felicitate with him.

Police nab two men for defiling 13-year-old girl

Two men, Ayo Tayo, 33, and Chidozie Innocent, 20, have been arrested in Lagos for engaging a 13-year old girl in marathon sex and watching themselves in action.