OPEC+ Expected to Continue with Additional 400,000bpd, Oil Price Hits $90
The Organisation of Petroleum Exporting Countries (OPEC) and its allies OPEC+ are expected to continue their last year’s plan to gradually release 400,000 barrels per
Tag : OPEC
Nigeria lost N74.51bn oil revenue in December, says OPEC
A new monthly report of the Organization of the Petroleum Exporting Countries has shown a plunge in Nigeria’s crude oil production in December 2021, triggering
Global oil demand 2021 pegs at 96.5 mb/d, 100.6 mb/d in 2022 – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says World total oil demand in 2021 is pegged at 96.5 million barrel per day (mb/d( and
Nigeria’s oil production increases by 2.55 million barrels – OPEC
Crude oil production in Nigeria increased by about 2.55 million barrels in the month of November 2021, the Organisation of Petroleum Exporting Countries announced on
$11.8 trillion investments needed in oil sector, says OPEC
*Investments have not recovered since a global level of $700b was witnessed in 2014 The Organisation of the Petroleum Exporting Countries (OPEC) says investments of
World oil demand growth in 2021 is 5.7 mb/d – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says World oil demand growth in 2021 now stands at 5.7 mb/d. According to OPEC, this reflects
World oil demand growth in 2021 is 5.7 mb/d – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says World oil demand growth in 2021 now stands at 5.7 mb/d. According to OPEC, this reflects
OPEC May Ditch Oil Output Hike as Producers Worry Over Pending Surplus Inventory
Strong indications have emerged that the Organisation of Petroleum Exporting Countries (OPEC) may abandon its planned 400,000 barrels per day supply increase in January when
OPEC, GECF express commitment to ensure stability of global energy market
The Gas Exporting Countries Forum (GECF) and Organisation of Petroleum Exporting Countries (OPEC) have expressed commitment to collaborate with member countries to ensure stability to
Nigeria’s petroleum imports exceeded exports by $43.56bn –OPEC
The amount spent on the importation of petroleum products into Nigeria in 2020 is $43.46bn higher than the revenue which the country earned from the
