NewsOil & Gas Oil prices not impacted by producers says OPEC By maritimemag October 12, 2018 ShareTweet 0 OPEC Secretary-General, Mohammad Barkindo, said on Thursday that there are many non-fundamental factors influencing the oil market that are beyond oil producers’ control. Barkindo, speaking at the Oil and Money conference in London, also said he wanted to ensure there is no shortage of crude in the market. Oil prices have rallied this year on expectations that U.S. sanctions on Iran will strain supplies by lowering shipments from OPEC’s third-largest oil producer. Brent crude last week reached $86.74, the highest since 2014 © 2018, maritimemag. All rights reserved.
News Missile attack by Yemen’s Houthi rebels targets a container ship in the Red Sea April 30, 202456 views
News MWUN, others, direct members to join nationwide strike as NLC, TUC ignore court order November 14, 2023184 views
Headlines NSC’s mandate more robust with creation of Ministry of Marine and Blue Economy -NSC Boss Ukeyima November 1, 2023315 views
Dangote refinery can supply diesel, petrol needs of West Africa; African continent’s aviation fuel requirements — Dangote 2 days ago
Marine and Blue Economy Ministry to increase local fish production, reduce dependence on importation 3 days ago
No justification for epileptic electricity supply in Nigeria – Eminent Nigerians, and leaders 3 days ago
