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OPEC
Restructuring the polity
The #EndBadGovernance August protest has come and gone. It is now time to take stock and reflect on the protest by quantifying the gains...
Nigeria’s Oil Production Rises To 1.258 mb/d — OPEC
Nigeria’s oil production has risen month-on-month, MoM, by 1.9 per cent to 1.258 million barrels per day, mb/d, in January 2023, from 1.235 mb/d...
Again, Nigeria’s position drops on OPEC production list
Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report for...
BREAKING: Nigeria Records Lowest Oil Output at 972,394 bpd
More worries for the Nigerian government as crude oil production dropped below the one million mark in August 2022.Reports showed that oil output averaged...
Global Oil demand 2021 Pegs at 96.5 mb/d, 100.6 mb/d in 2022 – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says World total oil demand in 2021 is pegged at 96.5 million barrel per day (mb/d(...
OPEC, Allies Maintain Modest Boosting Of Oil Output
OPEC and its allies decided on Tuesday to maintain their policy of modestly boosting oil output next month as the rapidly spreading Omicron variant...
OPEC+ To Increase Output In January Despite Omicron Jitters
Major oil producers decided Thursday to keep raising output levels in January, despite the Omicron coronavirus variant raising fresh questions over demand.The OPEC+ alliance...
FG Writes OPEC, Seeks Higher Oil Production Quota
Nigeria has now officially written the Organisation of Petroleum Exporting Countries (OPEC), requesting a higher production quota under the OPEC+ accord.The Minister of State,...
OPEC Increases 2022 Global Oil Demand Forecast By 1mbpd
The Organisation of Petroleum Exporting Countries (OPEC) yesterday expanded its global oil demand forecast for 2022 by almost one million barrels per day (bpd),...
Oil demand will gain momentum in H2 2021 – OPEC
The Organisation of Petroleum Exporting Countries has said that the demand for crude oil will gain momentum in the second half of 2021, beginning...