OPEC

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

OPEC retains 4.4% as Global Economic Growth forecast in 2021

OPEC retains 4.4% as Global Economic Growth forecast in 2021   The Organisation of Petroleum Exporting Countries, OPEC, has retained its previous 4.4 per cent Global Economic Growth forecast for year 2021. In its January 2021 report obtained by The Daily,www.thedaily-ng.com, OPEC, stated: “Global economic growth was revised up slightly for 2020, after a better-than-expected […]

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

OPEC puts Nigeria’s oil output at 1.174 mb/d

OPEC puts Nigeria’s oil output at 1.174 mb/d By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output at 1.174 million barrels per day, mb/d. According to the organization, the oil output produced in December 2020, showed a drop of 25 percent, when compared to 1.570 mb/d produced in the corresponding period

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How COVID-19 affects oil producers --- OPEC

How COVID-19 affects oil producers — OPEC

How COVID-19 affects oil producers — OPEC   The Secretary-General, Organisation of Petroleum Exporting Countries, OPEC, Mohammad Sanusi Barkindo, has disclosed that the negative impact of the Coronavirus pandemic on oil and gas producing countries. Barkindo, who participated via videoconference in the 11th ‘Global’ UAE Energy Forum, which focused on the 2021 oil and energy

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Algeria Leads Africa as OPEC+ Approves 188,000 bpd Output Increase to Support Oil Market Stability

Oil price rises to $53 per barrel on OPEC, non-OPEC meeting

Oil price rises to $53 per barrel on OPEC, non-OPEC meeting   Oil prices have risen in the global oil market following the successful ending of the 13th Organisation of Petroleum Exporting Countries, OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 5 January 2021. For instance, the price of Brent rose

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

13th OPEC and non-OPEC Ministerial Meeting concludes

13th OPEC and non-OPEC Ministerial Meeting concludes   The 13th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, has ended with many decisions targeted at making positive impact on the volatile oil market. In a statement obtained by The Daily, www.thedaily-ng.com, OPEC stated: “The Meeting, which reconvened following an initial round of discussions on 4

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Algeria Leads Africa as OPEC+ Approves 188,000 bpd Output Increase to Support Oil Market Stability

OIL MARKET: 13th OPEC and non-OPEC Ministerial Meeting to reconvene on January 5, 2021

  OIL MARKET: 13th OPEC and non-OPEC Ministerial Meeting to reconvene on January 5, 2021   The 13th OPEC and non-OPEC Ministerial Meeting has been adjourned until tomorrow, Tuesday, January 5, 2021. The meeting, which will resume at 15:30 (Vienna time) tomorrow would enable the Organisation of Petr9oleum Exporting Countries, OPEC and others to find

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