OPEC

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

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

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

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

JUST IN: OPEC+ raises Nigeria’s quota to 1.830 million bpd

OIL MARKET: Global demand to rise by 5.8 mb/d in 2021 —OPEC

The Organisation of Petroleum Exporting Countries, OPEC, has predicted that global demand will rise by 5.8 million barrels per day, mb/d in 2021, as the world continues its battle against the Coronavirus pandemic, which culminated in lockdown, and low demand for oil. In its report obtained by The Daily, www.thedaily-ng.com, it stated: “For 2021, oil

OIL MARKET: Global demand to rise by 5.8 mb/d in 2021 —OPEC Read More »

Scroll to Top