Saudi says oil price plunge ignores extremely tight global crude supply
OPEC's leading oil producer, Saudi Arabia, says the recent oil price decline is driven by poor futures market liquidity and ...
Tag: OPEC
News and stories about OPEC
OPEC says global oil markets to enter surplus in Q3 2022
OPEC+ says it expects global oil markets to tip into surplus this quarter as it downgrades the outlook for demand, ...
OPEC says Nigeria’s oil production averaged 1.183mbpd in July 2022
OPEC says that Nigeria recorded an average of 1.183 million barrels per day (bpd) in its crude oil production for ...
OPEC+ oil output likely to drop in months ahead – IEA
IEA says that the OPEC+ will most likely not carry out the expected oil output increase in the coming months ...
Nigeria crude oil production increases to 1.238 million barrels per day in June
OPEC says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in the month ...
Mohammed Barkindo: What the late OPEC Secretary-General told Buhari before he died
Mohammed Sanusi Barkindo's sudden demise came as a surprise to many especially those who had rapport with him moments before ...
Mohammed Sanusi Barkindo: All you should know about the late OPEC secretary-general
Mohammed Sanusi Barkindo served as the Secretary-General of OPEC until his death.
Muhammad Barkindo, OPEC Secretary-General, dies at age 63
Muhammad Sanusi Barkindo, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), is dead.
Crude oil prices record 11% drop in June on fears of recession
Energy prices might still be going strong, but due to concerns about the recession, several long positions in the market ...
OPEC increases Nigeria’s crude oil production quota to 1.799mbpd in July 
OPEC has increased Nigeria’s crude oil production quota from 1.766 million barrels a day in June to 1.799 million barrels ...
