Tue, 21-Oct-2025

OPEC Secretary General Mohammad Barkindo dies at 63

OPEC Secretary

Barkindo’s vocation in the oil business started in Nigeria in the mid 1980s. He served in different limits at the NNPC and addressed Nigeria on OPEC’s Economic Commission Board. However, his commitment and authority will rouse OPEC for a long time to come. The secretary general of oil makers bunch OPEC, Mohammad Barkindo, has passed … Read more

Oil heading for biggest weekly gain in four months

Oil

LONDON: Oil prices rose on Friday and headed for their biggest weekly advance since late August, as the investors became less concerned over the potential effect of the Omicron Covid-19 variant on economic growth and demand for fuel. Brent crude rose one per cent to $75.16 a barrel at about 3:15pm Riyadh time, while WTI, … Read more