OPEC Forecasts Global Oil Demand Rise In H2
The Organization of Petroleum Exporting Countries, OPEC, has maintained forecasts for strengthening oil demand in the second half of the ...
Tag: OPEC+
IEA Warns Of Oil Glut As Non-OPEC Supply Surge
By the end of the decade, the oil market’s spare capacity is projected to reach levels previously seen only during ...
Nigeria’s Improved Crude Export Raises OPEC May Output
The Organization of Petroleum Exporting Countries, OPEC oil output rose in May supported by increased export from Nigeria. Data published ...
OPEC Extends Nigeria’s 1.5 Million Daily Crude Production Quota
The Organization of Petroleum Exporting Countries, OPEC+ extended its production cuts as it seeks to bolster a fragile market, but ...
Nigeria Recommits To OPEC+ Agreements On Production Quotas
Nigeria has reaffirmed its commitment to adhering to the production adjustments set by OPEC+ for 2024 in line with the ...
OPEC Forecasts 2.25mbpd Oil Demand In 2024
The Organisation of Petroleum Exporting Countries(OPEC), has again expressed optimism on robust oil market growth. In its Monthly Oil Market ...
Nigeria Suffers Large Drop As OPEC’s April Output Down By 440,000bpd
Crude production output by the Organisation of Petroleum Exporting Countries(OPEC), in the month of April, fell by 440,000 barrels a ...
OPEC Sustains Output Cut, Predicts 2.2m Barrels A Day Oil Demand
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a target to push ...
Libya Overtakes Nigeria As Africa’s Top Oil Producer
Libya overtook Nigeria to emerge top African crude oil producer for the month of March, data from the Organisation of ...
Global Oil Industry Investment Needs $11trn By 2045 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC), has projected that the oil industry will need cumulative investments of $11.1 trillion ...
