Members and non-members of the Organisation of Petroleum Exporting Countries, referred to as OPEC+, have globally slashed crude production. Naija News learnt...
Tag - OPEC
Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production amounting to around 1.16 million barrels per day in a surprise...
The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about...
State of the Union is our weekly show from where Euronews brings you the top stories from around Europe. This week, attempts to bring Russia to its knees...
Members of the Organisation of Petroleum Exporting Countries and their Russia-led allies on Wednesday agreed on a major cut in oil production. The decision was...
The 13-nation OPEC cartel and its 10 Russian-led allies agreed to reduce two million barrels per day from November at a meeting in Vienna, said Iran’s OPEC...
The report said the figure showed an increase of 7,000 barrels per day when compared with 1.176mb/d produced averagely in the month of June 2022. “According to...
The Organisation of Petroleum Exporting Countries (OPEC) has reportedly raised Nigeria’s oil production quota. The development was revealed in a document made...
Advertisement Despite the continuous appreciation of oil prices in the country, the Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria...
Advertisement The remains of the late Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo, have been laid...