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Home Tag Oil production cut

Tag: Oil production cut

OPEC+ Alliance, US, Russia, Canada, Mexico reach historic deal to cut 13.4 million bpd, Oil market still uncertain over the OPEC+ deal as prices react positively, 7 oil producing countries most affected by covid-19, see where Nigeria is placed, Organization of Petroleum Exporting Countries (OPEC),

Saudi pressures Nigeria, Iraq and others over output targets

by William Ukpe

August 19, 2020

OPEC is expected to discuss production cut compliance from defaulting members in today’s meeting.

Brent crude crashes 5%, oil storage capacity almost full,Brent crude oil surges to $31.55, oil demand picks up, Nigeria and the irony of rising crude oil prices

Brent crude slides by 8%, as storage fears mount

by Olumide Adesina

Oil prices dropped today, based on signals that global oil storage ability is getting filled up, oil production cuts will not meet up.

Hope for Nigeria as Russia opens to production cut deal, announces OPEC meeting

Hope for Nigeria as Russia opens to production cut deal, announces OPEC meeting

by Fakoyejo Olalekan

There might be hope for Nigeria and other producers in the oil market as Russia says it is still open ...

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