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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