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Home Tag Petroleum Exporting Countries (OPEC)

Tag: Petroleum Exporting Countries (OPEC)

OPEC says Nigeria is still Africa’s top crude oil producer with 1.3 million bpd output for February 2023

OPEC predicts a deeper drop in global oil demand, based on serious coronavirus challenges

by Chike Olisah

September 15, 2020

The world’s bloated oil inventories will subside more slowly than previously thought.

Worry for Nigeria as forecast shows OPEC countries will face a challenging 2020 , Why OPEC may not change output cut soon, Weaker oil demand overshadows proposed OPEC output cuts, as oil price dips , Nigeria tops compliance list, as OPEC’s December crude output drops, OPEC, Russia planning biggest oil cut ever, OPEC+ output cut: The oil cartel records 86% compliance as Nigeria beats expectation, OPEC+ asks Committee to monitor Nigeria, others over extended oil production cuts

OPEC+ asks Committee to monitor Nigeria, others over extended oil production cuts

by William Ukpe

OPEC expects the increase in supply to be offset by countries like Nigeria

Crude oil prices rally as investors remain optimistic about oil production cut ,Brent Crude continues to rally as businesses resume around the world, Brent crude,, Petrol: OMCs to resume importation of Petrol, Crude oil prices drop, geopolitical tension strengthens, OPEC and Alliance Output Cut are not enough to mitigate Brent’s Oversupply Issues, Brent crude falls, global investors fear strengthened on resurgence of COVID-19 cases, Brent crude drops, as COVID-19 caseloads rise in the world’s largest economies

OPEC and Alliance Output Cut are not enough to mitigate Brent’s Oversupply Issues

by Lawretta Egba

Brent crude still needs to deal with its oversupply issues before it can successfully move on with its current price range of $40 and $50 per ...

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