OPEC said the downstream market has tightened significantly over the last year, driven by strong oil demand growth, a decline…
OPEC said global primary energy demand was forecast to continue growing in the medium- and long-term.
The Organisation of Petroleum Exporting Countries (OPEC) will in August decide whether to continue its current measured oil supply to…
For the first time since April 2020, when the Covid-19 pandemic hit the global oil industry, the Organisation of Petroleum…
Again, Nigeria failed to ramp up crude oil production despite all the sloganeering by the various agencies of government, producing…
Almost half the shortfall in planned oil supply by the Organisation of Petroleum Exporting Countries (OPEC) and its allies is…
The Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ on Thursday agreed to stick to last…
The Organisation of Petroleum Exporting Countries (OPEC) on Wednesday said with all current market dynamics at play, the global oil…
Nigeria, Libya and a handful of African countries again hobbled the projected oil production plan by the Organisation of…
The Organisation of Petroleum Exporting Countries (OPEC) Fund has announced that it will contribute $14.3 million to Phase II of…
The Organisation of Petroleum Exporting Countries (OPEC) again resolved on Thursday to stick to its strategy of gradually reopening its…
With Russia now becoming a pariah nation, the Organisation of Petroleum Exporting Countries (OPEC) said Wednesday that it would be…
Despite the decision of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+, to raise crude oil production…
Crude oil price on Wednesday continued its upswing as Brent, Nigeria’s benchmark crude, rose above $113 per barrel for the…
With a daily underperformance figure of 78,000 barrels per day in December, Nigeria lost as much as 2.418 million barrels…
The inability of Nigeria and other members of the Organisation of Petroleum Exporting Countries (OPEC) to pump enough crude oil…
At a conservative price of $70 per barrel, Nigeria might lose as much as $1.085 billion in February as a…
Compliance with oil production cuts by the Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ stood…
Despite concerns over the new Covid-19 variant, Omicron, and recent emergency oil reserves releases by a United States-led coalition, the…
The compliance by members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies known as OPEC Plus (OPEC+)…