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Total: Oil Production to Peak at 98M Barrels per Day PARIS - New discoveries and technological advances have increased the oil industry's ability to increase production in recent years, pushing global maximum oil production to 98 million barrels per...

By James Emejo The Micro, Small and Medium Enterprises (MSMEs) Stakeholders Commonwealth has launched a MSME Development Trust Fund Limited in an bid to lift financial inclusion for over 60 million members opposite a country. Executive Director, Africa...

The Organization of Petroleum Exporting Countries (OPEC) recently met in Vienna to discuss an official output quota. By the end of the meeting, however, the member countries did not agree on a quota and oil production remains near record levels. While...

Over the past year, we’ve been hearing a lot about how oil prices have led to a more difficult environment for U.S. producers, with headlines heralding “busts” and massive job losses.  But over the past few months, analysts have been noticing that despite...

oil contracts once again traded in a narrow price range this week, sliding by 90 cents a barrel to $52.93 a barrel on Monday, and then gradually clawing more than half of that drop back to end the week at $53.40 a barrel, down less than 1% for the week...