Citigroup's morse sees a need to extend OPEC deal
Ed Morse, global head of commodities research at Citigroup, examines Mexican oil production, U.S. energy policy, and the impact of OPEC's output cut.
Saudi Arabia Cut Output by 718,000 Barrels a Day in January
Saudi Arabia told OPEC that it cut oil production by the most in more than eight years, going beyond its obligations under a deal to balance world markets.
Oil price will climb over $60-mark soon - Ibe Kachikwu
Nigerian Petroleum Minister Emmanuel Ibe Kachikwu discusses the impact of OPEC production cuts and U.S. shale oil drilling on oil prices and talks about his nation's oil output.
Oil producers agree on way to monitor oil cut
OPEC and other oil producers agreed on a way to monitor their compliance with last month’s historic supply deal, putting global markets on track to re-balance after more than two years of oversupply.
Why are markets skeptical about OPEC deal?
Amrita Sen, chief oil analyst at Energy Aspects, discusses BP's 10% stake in Abu Dhabi's ADCO oil concession, the OPEC oil production cuts and the oil-U.S. dollar correlation.
Nigerian oil minister speaks on possible risks to new oil deal
As producers hope to improve the market for oil prices, Emmanuel Ibe Kachikwu, Nigeria's Minister of State for Petroleum resources joins CNBC to look at the risks that could impact recent oil deal
Will the OPEC deal bring the market back into balance?
Oil jumped to the highest since July 2015 after Saudi Arabia signaled it’s ready to cut output more than earlier agreed while non-OPEC countries including Russia pledged to pump less next year.
Profit taking drags down Nigeria bourse
Nigerian equities market was broadly bearish; as profit taking by investors dragged the All Share Index 0.3 per cent down to settle at 25, 671.23 points.