A new report has alleged that Nigeria may be headed to a showdown with the Organisation of Petroleum Exporting Countries (OPEC) as it plans to raise output.

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.

Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said he would ask Saudi Arabia and OPEC to lower oil prices. Brent crude and WTI both rose 0.

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

Trump’s push for cheaper oil, rising U.S. inventories, and OPEC’s next move weigh heavily on crude oil markets. Will prices fall further?

Oil Prices Fall After Four Weeks of Gains as U.S. Boosts Domestic Supply. Will Trump’s policies hurt crude oil’s recovery?

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production quota as

Tightening global liquidity or significant oil price drop could however challenge sovereign issuances, while retail bank issuances will be “sporadic and opportunistic”

The GIFT Nifty on the NSE IX dropped by 153.50 points, or 0.66%, to 22,978.50, indicating that Dalal Street is set for a gap-down opening on Monday.

The oil prices dropped more than 1% Monday, after U.S. president Trump asked OPEC for a price reduction following his