Key takeaways from the OPEC+ meeting
Here are key takeaways from OPEC's recent meeting as the organisation shows admirable strategy in the global oil market management.
Dapo-Thomas Opeoluwa is a British-Nigerian International Financial Analyst. He has vast experience in managing portfolios across Africa, Europe, and Latin America, with strong interests in Crude Oil, Cryptocurrencies, and Financial Markets. Find all his articles here https://nairametrics.com/author/opeoluwa-dapo-thomas/
You may contact him via his email - opeoluwadapothomas@gmail.com.
Here are key takeaways from OPEC's recent meeting as the organisation shows admirable strategy in the global oil market management.
Nigeria is hopeful that OPEC+ will agree to an increase in production.
Nigeria hedging its oil can create additional revenue needed for the country to rebalance its reserves
Some OPEC members continue to argue that increasing production in the face of weak demand could cause prices to drop.
With Joe Biden's imminent inauguration as the President of the US, his policy on energy and renewables could very well...
The market has reacted positively to the meetings organized by OPEC+, and prices have become volatile in movement.
As Donald Trump prepares to vacate office, what will be the fate of the oil market and the several arrangements...
There is a renewed hope for oil prices as backwardation in the oil markets and OPEC+ production cuts prop up...
Oil prices are expected to rise slightly in the last quarter of the year, with further gains due to a...
The majority of Nigerian oil buyers are in Europe and with imminent lockdowns, could face a potential scenario where oil...