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Tag "Organisation of Exporting Countries (OPEC)"

Oil prices rise as OPEC+ maintains monthly output increase

    Oil prices rise as OPEC+ maintains monthly output increase

Oil prices continued an upward trend on Monday after the Organisation of Petroleum Exporting Countries (OPEC) and its allies agreed to maintain its schedule of gradual monthly oil production increases.

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OPEC: Oil will continue to be leading energy source for decades

    OPEC: Oil will continue to be leading energy source for decades

The Organisation of Petroleum Exporting Countries (OPEC) says crude oil will continue to be the leading source of energy for decades. Brent crude, the global oil benchmark, climbed to $80 per

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OPEC: Gradual oil recovery expected in 2021 amid vaccine rollout

    OPEC: Gradual oil recovery expected in 2021 amid vaccine rollout

The Organisation of Petroleum Exporting Countries (OPEC) says the gradual rollout of vaccines around the world is a positive factor that would boost the global economy and oil demand for

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Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

    Nigeria’s oil revenue gets boost as price hits $57 — highest in one year

Nigeria’s revenue is set to get a boost as crude oil prices continued to rally on Tuesday, hitting the highest level in nearly 12 months. During early Tuesday trading, Brent

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Headache for OPEC as India considers non-member suppliers for cheap crude

  Headache for OPEC as India considers non-member suppliers for cheap crude

Efforts by the Organisation of Petroleum Exporting Countries (OPEC) to rebalance the global crude oil market and ensure that members

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