Tag
OPEC
News and stories about OPEC
Production cuts from OPEC countries and other allies have helped to revive the price of Brent Crude.
They talked on “ways of cooperation to enhance the stability “ of the Crude market.
It is evident that the world can no longer rely on Oil for the sake of the world's health.
OPEC has been regarded as a cartel and has acted as a cartel of late.
OPEC+ has not decided on whether to extend the record supply cut of 9.7 million barrels per day.
Nigeria’s external reserve position is now $9 billion years to date and down from its peak of $45.17 billion achieved.
Oil traders have flagged the start of hurricane season as a potential headwind for crude oil prices.
Nigeria is striving towards complying fully with its OPEC+ cut obligations by mid-July.
Brent crude is the leading global benchmark for Atlantic basin crude oils.
If cases soar in China and the United States, then the global economy is in for a cataclysmic shock.
Brent crude is the leading global benchmark for Atlantic basin crude oils.
Oil prices retreated further on Monday, with prices down more than 10% in less than a week.