NNPC commits to OPEC+ agreement, to focus on gas
From Uche Usim, Abuja The Nigerian National Petroleum Corporation (NNPC) on Wednesday reiterated its commitment to abide by the output ...
Tag: OPEC
Brent crude hits $53.94/barrel, highest since Feb 2020
From Uche Usim, Abuja Cheery news came the way of Nigeria and other petroleum-producing countries Wednesday as Brent crude oil ...
OPEC forecasts a 6.56% growth in global crude oil demand in 2021 –Report
The Organisation for Petroleum Exporting Countries (OPEC) is projecting a 6.56 per cent growth in global crude oil demand to ...
Buhari to OPEC: Consider Nigeria’s population, infrastructure deficit when sharing oil production cuts
By Juliana Taiwo-Obalonye, Abuja President Muhammadu Buhari has appealed to the Organisation of Petroleum Exporting Countries (OPEC) to consider the ...
Oil rises to $57 on China-U.S. trade talks, OPEC cuts
Reuters Oil rose to around $57 a barrel on Friday after China said it would hold trade talks with the ...
Oil falls to $53 on economic worries, surging supply
Alex Lawle,Noah Brownin (Reuters) Oil fell towards $53 a barrel on Wednesday, under pressure from rising output in major OPEC and ...
Nigeria to lose 27% of oil production in 2019
Adewale Sanyaolu Nigeria is to lose about 226,300,000 million barrels of oil production in 2019, representing about 27 per cent ...
Oil price: Saraki, Rewane, LCCI, others raise fresh worries over 2019 budget
"Between the crude oil price and production we have already seen that once we don’t meet those targets, we are ...
The need to fix the economy
The International Monetary Fund (IMF) has again warned governments and central banks in the world against “storm clouds” over global ...
OPEC countries agree with gradual oil production reduction by Russia, says, Iraqi minister
OPEC ministers have agreed that Russia will reduce oil production gradually within the framework of OPEC decision, Oil Minister of ...
