World oil demand to grow by around 6 mb/d in 2021 — OPEC By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has said that the global demand will increase by around six million barrels per day, bp/d in 2021. In his speech at the International Monetary and Financial Committee Meeting, April 8, 2021, via videoconference, obtained by The […]
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15th OPEC and non-OPEC Ministerial Meeting concludes with a renewed commitment to market stability By Eyo Nsima The 15th Meeting of OPEC and non-OPEC Ministers took place via videoconference on Thursday, 1 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime
Oil price to drop as OPEC output rises By Eyo Nsima There are indications that oil prices might drop further as huge Iranian oil enters the volatile international market. According to Oilprice.com, “A large increase in Iranian oil production pushed overall OPEC oil output higher in March compared to February, the monthly Reuters survey found
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OPEC Daily Basket – March 30, 2021 OPEC daily basket price stood at $63.37 a barrel Tuesday, 30 March 2021, compared with $62.86 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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Global primary energy demand is set to increase by 25% in the period to 2045 By Mohammad Sanusi Barkindo I am deeply honored to have been asked to deliver this goodwill message as my home country Nigeria opens its ‘Decade of Gas’ summit. Under the visionary leadership of our esteemed President, HE Muhammadu Buhari, GCFR,
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OPEC Daily Basket – March 23, 2021 OPEC daily basket price stood at $62.27 a barrel Tuesday, 23 March 2021, compared with $63.22 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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OPEC Daily Basket – March 15, 2021 OPEC daily basket price stood at $68.18 a barrel Monday, 15 March 2021, compared with $68.14 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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OPEC Daily Basket – March 10, 2021 OPEC daily basket price stood at $65.60 a barrel Wednesday, 10 March 2021, compared with $66.38 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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OPEC daily basket price stood at $68.17 a barrel Monday, 8 March 2021, compared with $67.03 the previous Friday https://www.opec.org/opec_web/en/press_room/6291.htm
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OPEC daily basket price stood at $64.26 a barrel Thursday, 4 March 2021, compared with $62.15 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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