OPEC

Nigeria’s crude oil production dropped to 1.354mb/d in March – OPEC

The report said the figure showed a decrease of 24, 000 barrels per day when…

Why Nigeria is unable to meet OPEC quota – Sylva

Nigeria’s OPEC quota is pegged at 1.8 million barrels per day (bpd) but in the…

OPEC+ upward adjustment on crude oil production starts August

  By Edith Ike-Eboh The Organisation of Petroleum Exporting Countries and its allies known as…

Global oil sector needs $12.6t investment, says OPEC

 The OPEC  Secretary General, Dr Mohammad Barkindo, disclosed this at the Virtual  11th IEA-IEF-OPEC Symposium…

NNPC Restates Commitment to OPEC+ Agreement

…To Focus More on Gas, Condensates for Revenue Growth The Nigerian National Petroleum Corporation (NNPC)…

OPEC weighs extended oil curbs for long and bumpy COVID-19 recovery

The global economy and oil markets will not see a quick recovery next year, Algerian…

OPEC+ meets to review compliance with oil cuts

OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, will on Wednesday …

Nigeria, Saudi Arabia restate commitment to OPEC+

Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export…

Covid-19 Challenge, Oil Market and the World Economy

By Mohammed Sanusi Barkindo Distinguished Delegates and Colleagues, Good morning and welcome to this 133rd…

Brent oil rises to $40 amid hopes for output cuts, recovery

Oil rose on Wednesday, with Brent at $40 for the first time since March, as…