OPEC

OIL MARKET: OPEC puts world economic growth at 2.7% and 2.6% in 2023, 2024 

14th OPEC and non-OPEC Ministerial Meeting end ends in Vienna, Austria

.Take major decisions By Eyo Nsima The 14th OPEC and non-OPEC Ministerial Meeting have ended in Vienna, Austria with the taking of many important decisions. According to OPEC, “The 14th Meeting of OPEC and non-OPEC Ministers took place via video conference on Thursday, March 4, 2021, under the Chairmanship of HRH Prince Abdul Aziz bin […]

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COUNTDOWN: 131 Days After U.S.-Iran War, Geopolitical Risks Keep Brent Crude Near $80

Oil market: Price drops as stakeholders await OPEC, Non-OPEC decision on output

By Eyo Nsima THE price of oil has dropped from $68.50 to $64.19 per barrel in the international market as stakeholders await the outcome of the Organisation of Petroleum Exporting Countries, OPEC, and Non-OPEC meeting, where the decision of increase output is to be taken. For instance, the price of Brent, which had soared towards

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OPEC Secretary General, others meet HE Isidore Mvouba, President de L’Assemble Nationale, in Congo

OPEC’s 8th International Seminar postponed to June 29-30, 2022

OPEC’s 8th International Seminar postponed to June 29-30, 2022   The Organization of the Petroleum Exporting Countries (OPEC) has postponed its 8th International Seminar until next year due to the COVID-19 pandemic. The Seminar, originally scheduled for 16-17 June 2021, will now be held on 29-30 June 2022 at the Hofburg Imperial Palace in Vienna,

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

OIL MARKET: DoC partners are determined to play their part and provide that effective policy support

OIL MARKET: DoC partners are determined to play their part and provide that effective policy support   By Mohammad Sanusi Barkindo   It is a great pleasure to participate in the 11th IEA-IEF-OPEC Symposium on Energy Outlooks. The last edition of the symposium took place on 19 February 2020. It would be something of an understatement to

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OPEC, Non-OPEC and Oil Market Stability

COVID-19: How oil demand dropped by 9-10mb/d in 2020, to rebound by 5-6mb/d in 2021 — OPEC

COVID-19: How oil demand dropped by 9-10mb/d in 2020, to rebound by 5-6mb/d in 2021 — OPEC     The Organisation of Petroleum Exporting Countries, OPEC, has provided details of the outbreak of Coronavirus pandemic culminated in oil demand contracting by 9-10 million barrels per day in 2020.   The Organisation is also looking forward to market rebound by 5-6

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