Opec
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OPEC+ may raise oil output so market doesn’t overheat, Kazakhstan says
OPEC+ may have to raise oil production to avoid market overheating, OPEC+ member Kazakhstan said on Wednesday. It said that,…
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Despite hike in oil price, economic outlook for Nigeria clouded by high inflation – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million…
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Oil demand will continue to outstrip supply in 2023 – OPEC
OPEC expects conditions in the oil market to remain tight into the coming year, with demand rising faster than supply,…
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Natural Gas: OPEC calls for oriented strategy, timely investments for energy markets
The Organisation of the Petroleum Exporting Countries (OPEC) has called for oriented strategy and timely investments in Natural Gas…
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Oil prices slide after OPEC+ hike
Oil prices on Friday fell after Saudi Arabia and other OPEC+ states agreed to bring forward oil production rises…
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Eradicating energy poverty must remain top of our agenda – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says eradicating energy poverty must remain top of the agenda even…
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OPEC to adjust upward monthly production by 0.4 mb/d
The Organisation of the Petroleum Exporting Countries (OPEC) has reconfirmed its decision to adjust upward its monthly overall production by…
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Crude Oil: OPEC daily basket price now $90.46 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $90.46…
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Oil price hits 7-year high at $86.54 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples jumped to a…
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OPEC, Allies Agree To extend Oil Production Cuts
The Organisation of Petroleum Exporting Countries and its allies have agreed to extend their record output cuts by one month.
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