In December 2023, Nigeria’s oil output increased by 7.7% to 1.4 million barrels per day (bpd), making it the highest…
Browsing: OPEC
The latest production cuts by the Organisation of Petroleum Exporting Countries (OPEC) will prompt a draw in oil inventories, sending prices…
Nigeria has agreed to cut its Organisation of Petroleum Organisation (OPEC) crude production, to ensure global oil market stability, a…
Nigeria’s oil rigs count declined 13.3 per cent in April, in tandem with the country’s crude oil underproduction during the…
Russia says it slashed oil production by 700,000 barrels a day in March, far more than originally planned, according to…
Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per…
•Data show country barely drilled 60% of 1.88 million bpd budget benchmark •$30bn Brass, Olokola LNG projects suffer 19 years delay…
Oil prices rose on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and…
Says output cuts not a decision from one country against another Says effect of proposed Russia sanctions still unclear Says…
Oil prices jumped more than three percent in Asian trade Monday as reports said OPEC and other top producers considered…