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GLOBAL OIL MARKET
OPEC and OPEC+ finally agreed to a historic cut in crude oil output as part of measures geared towards tackling the global oil crises.
The African Petroleum Producers’ Organization (APPO) has expressed its support for the resolutions that were reached during the 9th OPEC and non-OPEC Ministerial meeting which was held on Thursday, April 9, 2020.
Oil prices have slumped again on Thursday, following the declaration of a travel ban on European countries into the United States.
In a bid to support OPEC’s effort towards moderating the oversupply of oil in the global oil market,...