OPEC leaders Saudi Arabia and the United Arab Emirates stand ready to deliver a “significant increase” in oil output should…
Browsing: OPEC
Major oil producers led by Saudi Arabia and Russia began talks Thursday on whether to adjust output, hard on the…
Western sanctions have driven down Russian production OPEC+ meets Thursday, may address Russian output issue U.S. diplomats have been working…
•Insists cartel has no control over current market non-fundamentals The Organisation of Petroleum Exporting Countries (OPEC) yesterday said with all…
OPEC officials believe a possible European Union ban on oil from its partner Russia would hurt consumers and the group…
•Nigeria gets 1.735m bpd allocation for April, petrol scarcity persists Crude oil price yesterday continued its upswing as Brent, Nigeria’s…
Nigeria and Iraq have said the strategy employed by the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+,…
Confirming concerns about Nigeria’s production challenges, the Organization of Petroleum Exporting Countries (OPEC’s) Monthly Oil Market Report (MOMR), published yesterday,…
•Kuwaiti’s Al-Ghais appointed to succeed Barkindo as OPEC’s secretary-general Oil prices remained bullish yesterday rising above $79 per barrel, spurred…
Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil production averaging…