Saturday, May 28, 2022
MARKET UPDATE
Advertisement

TheCable

Tag "OPEC"

Oil prices rise as OPEC sticks to planned monthly output

    Oil prices rise as OPEC sticks to planned monthly output

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to stick to the planned monthly oil output. OPEC disclosed this on Thursday at the end

0 comment Read Full Article

OPEC+ sticks to modest output plans despite high oil prices

    OPEC+ sticks to modest output plans despite high oil prices

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to increase production by 400,000 barrels per day, citing geopolitical tensions as the reason for rising

0 comment Read Full Article

Oil price rises above $105 a barrel ahead of OPEC+ meeting

    Oil price rises above $105 a barrel ahead of OPEC+ meeting

Global oil price surpassed $105 a barrel ahead of the meeting of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, known as OPEC+. On Tuesday,

0 comment Read Full Article

IEA boss urges Nigeria, Liberia to boost output to stabilise oil market

    IEA boss urges Nigeria, Liberia to boost output to stabilise oil market

Fatih Birol, executive director, International Energy Agency (IEA), says members of the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+ — producing below their crude oil

0 comment Read Full Article

OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

  OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria recorded 1.31 million barrels per day in December 2021. This is

0 comment Read Full Article

Oil price plunges to $73 a barrel amid Omicron uncertainties  

  Oil price plunges to $73 a barrel amid Omicron uncertainties  

The price of crude oil dipped on Friday amid surging cases of Omicron coronavirus variant, raising concerns that new restrictions

0 comment Read Full Article

Nigeria regains Africa’s top spot as oil production rises by ‘47,000 barrels per day’

  Nigeria regains Africa’s top spot as oil production rises by ‘47,000 barrels per day’

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria has regained the top spot in Africa, producing an average of

0 comment Read Full Article

Oil price tops $75 amid ease in Omicron COVID-19 variant concerns

  Oil price tops $75 amid ease in Omicron COVID-19 variant concerns

The global oil price climbed above $75 per barrel on Friday amid ease in concerns that the travel restrictions instigated

0 comment Read Full Article

Oil price plunges to $70 a barrel ahead of OPEC+ meeting

  Oil price plunges to $70 a barrel ahead of OPEC+ meeting

Oil prices fell to $70 per barrel ahead of the meeting of the Organisation of Petroleum Exporting Countries (OPEC) and

0 comment Read Full Article

DID YOU KNOW? Nigeria’s petrol pump price is by far the lowest in West Africa

  DID YOU KNOW? Nigeria’s petrol pump price is by far the lowest in West Africa

The price of petrol at N165.89 per litre in Nigeria is the third cheapest in Africa and the lowest in

0 comment Read Full Article
1 2 3 20