World News

OPEC, Non-OPEC to Curtail Crude Oil Production by 9.7 Million Barrels

This also promises an appropriate balancing of Nigeria’s 2020 budget that has been rebased at $30 per barrel April 13, 2020/AEC On Easter Sunday, April 12th, 2020, Nigeria joined its other OPEC+ counterparts to bring into effect the agreement to cut 9.7 Million Barrels of supply following the alignment of […]

IMF Managing Director Kristalina Georgieva Creates External Advisory Group

April 10, 2020/IMF · IMF Managing Director Kristalina Georgieva names a group of prominent individuals to serve as her new External Advisory Group. · The eminent group from around the world draws on high-level policy, market, and private sector experience to provide insights to enhance the Fund’s ability to serve […]

The 9th OPEC/Non-OPEC Declaration of Cooperation Ministerial Meeting to curtail crude oil production up to ten million barrels

It is expected that this historic intervention when concluded will see crude oil prices rebound by at least $15 per barrel in the short term April 10, 2020/Centurion Law Group Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to rebalance and stabilize the global […]