Thursday, April 18, 2024
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Tag "OPEC+ agreement"

Report: Nigeria unlikely to meet oil production quota in 2024

    Report: Nigeria unlikely to meet oil production quota in 2024

Nigeria, a member of the Organisation of Petroleum Exporting Countries, and its allies, known as OPEC+, is unlikely to reach its oil production target in 2024 after years of declining

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OPEC+ raises September output target by 100,000 bpd

    OPEC+ raises September output target by 100,000 bpd

The Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, have agreed to raise global oil output, pushing Brent crude above $100 a barrel. The group disclosed

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US calls on OPEC+ to increase production to crash oil prices

    US calls on OPEC+ to increase production to crash oil prices

The United States has called on the Organisation of Petroleum Exporting Countries and its allies known as OPEC+ to increase oil production to tackle rising gasoline prices. In a statement

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OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

    OPEC cuts, high subsidy payment… why Nigeria is not benefitting from high crude oil prices

Crude oil prices have been on a tear on the back of gradual global recovery and vaccine roll out after it suffered a huge decline globally following the impact of

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