Oil prices rose on Monday following the fall of Syrian President Bashar al-Assad’s regime, an event that heightened uncertainty in the Middle East. However, the gains…
Browsing: OPEC+
The Organisation of the Petroleum Exporting Countries (OPEC) and its allies are likely to extend their voluntary oil production cuts to avoid a price drop in…
The OPEC+ ministerial meeting, originally scheduled for Sunday, has been postponed to December 5, the organisation announced on Thursday. The 22-member alliance, led by Saudi Arabia…
Eight members of the OPEC+ coalition announced on Sunday that they will extend their oil supply cuts until the end of December. This decision is part…
Portugal’s Environment and Energy Minister, Duarte Cordeiro said yesterday, his country could face supply problems in December, if Nigeria does not deliver all the Liquefied Natural…
https://www.youtube.com/embed/p3kgljoFftA While prices have increased due to limited global supplies and concerns that the group will not be able to pump additional petroleum, OPEC+ stated on…
An agreement by OPEC+ to stick to the planned increase in oil output for February has led to a 1.5% rise in oil prices. Brent crude…
The World Bank has admitted Nigeria moved out of last year’s recession faster than expected. The bank, in its newly released Africa’s Pulse report, admitted that…
Nigeria, other OPEC, and even OPEC + members could earn more from the black gold, according to a new analysis from Goldman Sachs. The US bank…
The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organisation of the Petroleum Exporting Countries (OPEC)…