The Organization of Petroleum Exporting Countries, OPEC, and its allies (OPEC+) have increased Nigeria’s crude oil output quota to 1.830 million barrels per day, mb/d, taking…
Browsing: OPEC
The South African government has said that that starting from this Wednesday, fuel prices at the pump would be reduced. This was said in a statement…
Muhammad Sanusi Barkindo, the Secretary-Seneral of the Organisation of Petroleum Exporting Countries (OPEC), has passed away. 63 year old Barkindo died at about 11p.m on Tuesday.…
President of Malawi, Lazarus Chakwera will not be attending the Commonwealth leaders meeting this month. Malawi stands to save $261,000 (£216,000) from two cancelled presidential trips…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, attributed Nigeria’s inability to meet the quota requirements of the Organisation of Petroleum Exporting Countries (OPEC)…
As the Russia-Ukraine crisis enters the third week, oil prices have continued to soar amid concerns of another global economic recession. Brent crude price hit $139.13…
The debate about politicians being among the best actors on earth is as old as humanity. What makes acting in politics so attractive is its subtle…
A basket of 13 crude oil samples compiled by the Organization of Petroleum Exporting Countries (OPEC) cost $90.46 per barrel on Tuesday, Feb. 1. This is…
The Organisation of Petroleum Exporting Countries (OPEC) has maintained the global economic growth forecasts for 2021 and 2022 as 5.5% and 4.2%. In his remarks at…
Libya’s Minister of Oil and Gas, Mohammed Oun, on Thursday, revealed that oil produced by the North African country has risen to almost one million barrels…