OPEC

OIL MARKET: Prices hit $86.55 per barrel on OPEC meeting

OPEC tasks members, observers of G24 on oil market stability

By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has tasked members and observers of G24 on oil market stability. In his verbal statement at the G-24 Ministerial Meeting, the Secretary General, OPEC, HE Mohammad barkindo, stated: “The global economy and, consequently, the global oil market have made considerable progress recovering from the impacts

OPEC tasks members, observers of G24 on oil market stability Read More »

OIL MARKET: Prices hit $86.55 per barrel on OPEC meeting

Nigeria to produce 1.649 mb/d as OPEC releases new oil quota for members, Non-members

Nigeria to produce 1.649 mb/d as OPEC releases new oil quota for members, Non-members By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has released its new production quota for its members and non-members. Under the new quota released at the end of the 21st OPEC and non-OPEC Ministerial Meeting, held via videoconference, on

Nigeria to produce 1.649 mb/d as OPEC releases new oil quota for members, Non-members Read More »

OPEC Hinges Attainment of Global 6.9mbpd Refining Capacity Addition on Dangote Refinery

OPEC Hinges Attainment of Global 6.9mbpd Refining Capacity Addition on Dangote Refinery Dangote’s 650,000 barrels per day (BPD) oil refinery project has been identified as one of the oil distillation companies that would boost global refining capacity by 6.9 million barrels per day between 2021 and 2026. The Organisation of the Petroleum Exporting Countries (OPEC),

OPEC Hinges Attainment of Global 6.9mbpd Refining Capacity Addition on Dangote Refinery Read More »

OPEC launches its 2021 Annual Statistical Bulletin Vienna, Austria

OPEC launches its 2021 Annual Statistical Bulletin Vienna, Austria The Organization of the Petroleum Exporting Countries (OPEC) today launched the 2021 edition of its Annual Statistical Bulletin (ASB), via videoconference. The launch was attended by HE Mohammad Sanusi Barkindo, OPEC Secretary-General; Professor Thomas Lindner of the Executive Academy at the Vienna University of Economics and

OPEC launches its 2021 Annual Statistical Bulletin Vienna, Austria Read More »

Latest data show that total OECD oil stocks fell further by 20 mb month-on-month in August

Latest data show that total OECD oil stocks fell further by 20 mb month-on-month in August

Latest data show that total OECD oil stocks fell further by 20 mb month-on-month in August By Mohammad Sanusi Barkindo Welcome to the 55th Meeting of the Joint Technical Committee (JTC). I thank our Chairman and Co-Chairman for your skilful leadership of these meetings, and all the delegates for your important contributions to the Declaration

Latest data show that total OECD oil stocks fell further by 20 mb month-on-month in August Read More »

OPEC to launch the 2021 Annual Statistical Bulletin

OPEC to launch the 2021 Annual Statistical Bulletin The Organisation of Oil Exporting Countries, OPEC, has concluded plans to launch its 2021 Annual Statistical Bulletin (ASB) on Thursday, 30 September 2021, at 14:00 (CEST) via videoconference. OPEC Secretary-General, HE Mohammad Sanusi Barkindo, will present the publication’s major highlights, as well as the new additions and

OPEC to launch the 2021 Annual Statistical Bulletin Read More »

OPEC daily basket price stood at $61.70 a barrel

OPEC to present Annual Statistical Bulletin 2021 September 30

OPEC to present Annual Statistical Bulletin 2021 September 30 The Organisation of Petroleum Exporting Countries, OPEC, has disclosed its readiness to present the 2021 edition of its Annual Statistical Bulletin (ASB) on Thursday, September 30, 2021, at 14:00 (CEST) via videoconference. OPEC Secretary General, HE Mohammad Sanusi Barkindo, will present the publication’s major highlights, as

OPEC to present Annual Statistical Bulletin 2021 September 30 Read More »

Scroll to Top